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EUR/USD Technical Analysis: Further upside should see the 1.1450 region re-visited

  • The march north in EUR/USD remains unabated and is already challenging the 1.1400 neighbourhood.
  • After leaving behind the 200-day/week SMAs in the mid-1.1300s, the pair now seems to be ready to extend the up move to the 1.1400 mark and beyond.
  • That said, March tops in the 1.1450 region emerge as the next hurdle of relevance and are considered the last defence of a test of 2019 highs in the 1.1550/70 band.

EUR/USD daily chart

 

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