By ForexMansion.com

 

The EUR/USD has found resistance at the 1.42 level, and as such we have sat still today. The pair does still look bullish, as we haven’t pulled back when there was a significant technical reason to. If the pair closes above 1.4250, it will signal a run towards 1.45 or above. If we fall back to 1.40, this could be a good place to start looking for new longs if support holds. For the meantime, this pair looks quiet.

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