Can the EUR/USD gain upside momentum

Long

Euro / U.S. Dollar (FOREXCOM:EURUSD)

Updated

FOREXCOM:EURUSD Euro / U.S. Dollar

The EUR/USD currency pair broke above our key resistance level of 1.0835. The USD was weaker across the majors on Monday however the EUR failed to gain momentum to the upside. Traders are watching 1.08155 support to see if price action can hold above a declining trend line.

Trade closed: target reached

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