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EURUSD






6/5/2020 3:50:51 AM

EURUSD - Technical Analysis: Friday, 05/06/2020 07:50 GMT



Breaching the descending channel’s resistance pushes the EURUSD pair to recover and achieve positive targets on the short term and medium term basis.

Moving above the exponential moving average 100 is a positive factor that supports the chances of continuing the bullish trend, and the next targets at 1.1440 then 1.1705.


Target
Risk


Support
Resistance


Trend Bullish

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