Yesterday EURUSD went back and forward but closed in the green although closed in the middle of the daily range, in addition closed within previous day range, suggesting lack of momentum, neither bulls nor bears are showing control.
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1459, the previous swing high at 1.1398 (resistance), the 10-day moving average at 1.1293 (support), a daily support at 1.1237 and the 50-day moving average at 1.1238 (Support).
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