According to yesterday's analysis, Eur got rejected from the support zone 1.1876-1.1847 and failed to penetrate below this zone. I went long after this rejection and is still holding onto this position, my expectation is that the price should rise even further towards 1.2058, if this resistance is broken, then I expect a rise towards 1.2200. If you are not long already, you could wait for another pullback to this zone to pick a long position. On the ways upwards, key lines to check for include 1.1985 and 1.2008.
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