EURUSD ANALYSIS
Given the bullish MACD signals and the firmer RSI line, not overbought, the EUR/USD upside momentum is likely to prevail until staying beyond the previous high of the month near 1.1670. Though, a clear break of an upward sloping trend line from October 04 and the 50-DMA, respectively around 1.1690 and 1.1700, becomes necessary to rule out chances of a pullback.
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