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EUR/USD rallies into key resistance level
EUR/USD has managed to rally through a number of resistance points, with the price almost hitting the $1.1746 high from late August. The ability to rally through this $1.1746-$1.1790 resistance zone is going to be key in determining whether we are set for further upside or not.
As such, watch for a potential period of weakness if we do not break higher. With trendline support helping encourage further upside we would want to see a break below that line alongside the $1.1594 level to signal a bearish shift for the pair.