EURUSD is moving in a gradual upward trend and currently looking to target 1.2450 level. Once EURUSD manages to break above 1.2500 level, then we will be looking around 1.3000 level. We might also see a retracement dip by EURUSD from 1.2450 level towards 1.2350 level.
Mostly Traders will look to trade between 1.2350 and 1.2450 levels. Long Term Traders might also be interested in buying EURUSD on retracement dips.
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