Yesterday EURUSD rose with a wide range and closed in the middle of the daily range, however managed to close above previous day high, suggesting bullish momentum.
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 1.1284 (support), a daily support at 1.1237 and the 50-day moving average at 1.1219 (Support).
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