EUR/USD Broke Upper Channel Line

<p>On Wednesday, the EUR/USD currency pair tested the upper boundary of the medium-term descending channel. During today’s morning, the pair broke the given level. Note that the exchange rate is supported by the 55-hour SMA near 1.0870. Thus, some upside potential could prevail in the market. However, note that the rate would have to surpass […]</p>
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