The price continues to grow this week and today has jumped above 1.12, is trading also above the 61.8% retracement level. The US dollar correction is not finished, the US dollar index is decreasing again. We have an important resistance at 1,1465 and the major support is at 1,0848.
The economic calendar was very crowded today, we had important indicators from Euro zone but also from US. The pair will try to break the resistance zone to continue the upward movement.


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