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EUR/USD punches to March high
EUR/USD has hit the highest level since mid-February, with the price clearly reversing higher amid the recent creation of higher highs and higher lows.
There is a strong chance that we will see the pair pull back at some point, yet as long as the price remains above the $1.2285 swing low, there is a good chance that any such downside would be a short-term retracement before we push higher. As such, a bullish outlook remains in place unless the price falls below $1.2285.