Trading Strategies

Euro Forecast: EUR/USD Breakout Extends into 2021- Resistance in View

  • Posted by author-avatar
07 Jan

The Euro breakout may be vulnerable in the days ahead as price approaches multi-month uptrend resistance. Here are the levels that matter on the EUR/USD weekly chart.

Newer GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Dec 30, 2020 09:00 GMT when GBP/USD traded near 1.36.
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