Euro / U.S. Dollar

EURUSD broke out 1,1000

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Yesterday EURUSD broke the resistance of 1,1000 and is now trade at levels around 1,1070.

1,1000 already act as a support level and upon a test and pullback, buys may be sought.

There is no good risk to reward ratio for buys at current levels.

The next resistance levels are at 1,1160 and 1,1274.

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