The single currency keeps heading up north. It has approached the horizontal level 1.1714:


It is now wise to look at the daily chart. Here, we can see what is the pair has been up to near the horizontal level and which candlestick patterns are about to form. Although, it is noteworthy that a very strong resistance level 1.2042, is a bit higher. We should consider it once the level 1.1714 gets broken:




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