After rising slightly to the upper side, eur is currently pulling back to the lower side. Today and the next few days I expect further pullback towards 1.1960 where I'll be looking for a long position towards 1.2476. As it is on the weekly chart above, long positions look more ideal, but if the price can pullback lower, then this will provide a price entry place. On the way upwards, the key lines to look for include 1.2021, 1.2300 and 1.2476. If these lines are breached, then I expect a rise towards 1.2925
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