During the previous trading week, euro rallied to the upperside, but did not move as high as we expected. If the price can break above the previous day's highest higher, then further momentum to the upperside, as it is right now, we are looking at the possibility that the price may ascend and break above the previous week's highest high. On the flipside, should the price break below the previous day's lowest low, then this will be the correct place to consider a possible long term sell position.
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