T3-Consultancy

EURUSD M30: Bullish outlook seen, further upside above 1.0710

Long
FOREXCOM:EURUSD   Euro / U.S. Dollar
On the M30 time frame, prices are approaching the resistance zone at 1.07100 which coincides with the graphical resistance area. A break above this zone could provide the bullish acceleration to the resistance zone at 1.0770, which is in line with the graphical resistance. Prices are holding above the 20 MA as well supporting the bullish bias.
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