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The Euro’s Next Leg Higher has Begun

The EUR/USD appears to have started its next up leg, however there are very few other clues in the charts. This will be a busy week for data and political news flow in Europe and the US, so that’s what will drive the price action. While the trend is up and sentiment is weak (bullish) for the Euro, we still favor long trades. There is a case to be made for a sharp selloff at some point, but that will need a catalyst before it happens. Read More on eurusd.co

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