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New US session excessive for the EURUSD
The EURUSD has been buying and selling in a 19 pip buying and selling vary for the US session but it surely extending increased within the present hourly bar. Within the course of, the worth has moved again above the 200 hour MA at 1.12703 and appears set to shut above that MA for the primary time in eight buying and selling hours. That will be a constructive bias shift for the pair heading into the brand new buying and selling day.
Within the new buying and selling day keep above the 200 hour shifting common can be extra constructive with the 1.1287 to 1.1294 as the following upside goal adopted by one other swing space between 1.13215 and 1.13315.
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