EURUSD is moving in a nice upward trend and it seems to continue its current momentum towards 1.4000 level. Currently traders will be looking to buy EURUSD on dip to retracement levels. Once such good level can be seen around 1.3730 and dip towards that level will provide traders with good buying opportunity for initial targets around 1.3850 level which can be further extended above 1.4000 level.
RSI is around 68 and thus seems to have more than enough space for EURUSD to continue its momentum above 1.4000 level.
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