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EUR/USD pushing upwards amid dollar weakness
EUR/USD has been pushing higher, in a continuation of the strength seen throughout November thus far.
With the price rising through the 50% retracement, there is a strong chance we will see the pair continue to gain ground over the near term. A break through the $1.1622 mark would be required to bring about a wider bullish outlook for the pair. Until then, watch for a move into the deeper Fibonacci retracement area of $1.15 and potentially $1.1546.