EUR/USD PRICE ANALYSIS: EXTRA UPSIDE NOW TARGETS 1.0970
EUR/USD maintains the bullish move intact so far this week.
Further gains could revisit the 55-day SMA around 1.0970.
EUR/USD picks up further pace and climbs to weekly highs near 1.0930, an area coincident with the 100-day SMA, on Wednesday.
The pair’s current momentum seems to be favouring the continuation of the march north for the time being. That said, there is a temporary hurdle at the 55-day SMA at 1.0968, which precedes the psychological 1.1000 mark and the August top of 1.1064 (August 10).
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