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EUR/USD: With EUR continuing to hold on to its upside bias, a retake of the 1.3579 level is a likely scenario. This if seen will extend gains towards the 1.3600 level and then the 1.3650 level. Above here will expose the 1.3738 level.

Its daily RSI is bullish and pointing higher supporting this view. Support lies at the 1.3450 level followed by the 1.3400 level.

Further down, support comes in at the 1.3350 level where a violation will aim at the 1.3299 level. Below here will aim at the 1.3250 level where a violation will turn focus to the 1.3200 level.

All in all, EUR continues to retain its upside bias in the medium term.

Guest post by  FX Tech Strategy