EUR/USD Tests Weekly R1

<p>The EUR/USD currency pair has revealed a medium-term ascending channel. During Thursday morning, the pair was testing the weekly R1 at 1.1010. Note that the exchange rate is supported by the 55-hour SMA near 1.0980. Thus, it is likely that some upside potential could prevail in the market. In this case the rate could target […]</p>
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