According to the weekly chart above, after breaking above the zone 1.1721-1.1436, Eur pulled back within this zone but could not penetrate below it. Currently, Eur has been gaining value but is currently approaching a monthly resistance line 1.2019. Unless there's a clear breakout above this line, I expect a rise but only up to this line(monthly resistance line 1.2019). If this monthly resistance is broken, then further rise towards 1.2505 is expected. As it on the weekly chart, only buy position can be advised with a take profit at 1.2075.
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