Sign of life for EURUSD

Sign of life for EURUSD

As we mentioned yesterday after 10 days the pair finally shows some sign of life. EURUSD had an impressive trading today, it hit the daily high at 1.0657, above the 100 hour MA. In fact there was a bar where the price closed above the MA for the first time since November 9th. Then the pair hit the daily low at 1.0582 and managed to rebound above the 50h MA. I am very bullish on that with first target at 1.0648

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