
Attached is the 1H chart of EURUSD. As predicted in my weekly outlook yesterday, EU has started the week very strongly. Right now, it is pushing against a good resistance at 1.3336. This should prove as a bit of a good resistance but considering the underlying strength in EU, it should push through.
On the upside, it should face some strong resistance at 1.3370 which should prove a bigger resistance as previous highs are located there. If it does manage to puush through, then we should see a easy ride to 1.3430 and then to 1.3550 and finally the target at 1.37. These should take a few days though.
On the downside, the supports would be at 1.3306, 1.3275 and then finally a very strong support at 1.3184. But my guess is that today should be an upday for both EU and GU.
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