Article taken from: finance.yahoo.com
Euro Moves Higher Against U.S. Dollar EUR/USD is trying to settle above the resistance at 1.1965 as the U.S. dollar is losing ground against a broad basket of currencies. If this attempt is successful, the U.S. Dollar Index will gain downside momentum and head towards the recent lows at 91.50 which will be bullish for EUR/USD. […] Technical Analysis EUR/USD managed to gain some upside momentum after yesterday’s pullback and is trying to get back above the resistance at 1.1965. If EUR/USD manages to get above this level, it will head towards the next resistance level at 1.2000. […] On the support side, the nearest material support level for EUR/USD is still located at 1.1910.
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