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EUR/USD continues its ascent
EUR/USD remains on a very clear short-term uptrend, with higher highs and higher lows in play all week. The 50-hour simple moving average (SMA) has been providing reliable support of late, with a pullback to that area looking like a good buying opportunity.
In any case, a bullish outlook remains in play unless we post an hourly close below $1.1830.
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