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Technical analysis: EUR/USD attempts to push off of recent 1.0850 congestion

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EUR/USD saw a five-week high at 1.0915 on Wednesday, climbing roughly two-thirds of a percent over the day to end the day just below 1.0900. Intraday price action broke through a near-term resistance zone to pierce the 1.0900 handle.

The pair is set to close in the green for a fourth straight trading day, and EUR/USD has risen nearly 2% from the last swing low into the 1.0700 handle


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