EUR/USD Price Analysis: Bulls take on a critical hourly resistance in New York trade By ross_burland EURUSD Technical Analysis
From a near term perspective, the bulls continue to press on in the New York trade. However. there are now up against a wall of resistance near 1.1230 that could be expected to reject the price in initial tests. However, the market is bullish while above 1.1210. 1.1240 should give way to 1.1270 targets in coming sessions. On the flip side, a break below 1.1180 would leave the price in consolidation once again.
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