CHARTVIPER

Euro Forecast: EUR/USD

EUR/USD re-tested a major level on the chart as EUR/JPY jumped up to another fresh ATH. Even EUR/GBP showed Euro strength as.

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Sentiment is: Positive

Technical Analysis

It would be prudent to confirm the breakout that just occurred. Do you consider the move through support significant? Do you have indicators confirming that the price momentum will continue? If so, aim for a target of 181.5582, but consider reducing your position size as the price approaches that target.

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