Could We See the EURO reaching 1.1720

OANDA:EURUSD   Euro / U.S. Dollar
EUR/USD succeeded to break the major resistance (highlighted) 1.1595 - 1.1640 on Daily Time Frame. The question here is if the EUR/USD will manage to continue it is upward movement towards the 1.1720?

Answer: The Euro is in a sharp upward movement, but we should wait until Monday to see how the price will open and react, and based on that we can decide whether the EURO will continue or not its upward movement.


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