After two weeks or rising, Eur is still showing signs of rising even further. This week, and even in the next few weeks I expect a momentum towards the weekly resistance line 1.2476 or even higher. If you're not long already, you could wait for a pullback towards 1.19 then long Eur at the least risk. As it is on the weekly chart above, only a long position looks more ideal and can be recommended. But if the price can go below 1.1706, then this will be a good place to short Eur towards 1.1410.
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