Technical analytics


The EUR/USD pair witnessed a fresh buying-wave in the European session. The euro pushed away from 1.1900 and EMA50 and edged higher. The spot tested 1.1950 in the mid-European session. The resistance resides at 1.1950, the support comes in at 1.1900.

If the buying pressure persists the euro could gain some traction. In this potential scenario buyers may lead the price to 1.2000.

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