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TFC Commodity Trading Forum

EURUSD broke above 1.3773 resistance *LINK* *PIC*

EURUSD broke above 1.3773 resistance, indicating that the uptrend from 1.3477 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.3900 area. Key support is now located at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.