The momentum to the upside dictate the price above a swing area at 1.1692 and 1.1703. The high price extended to 1.0714. The price has wandered lower but so far has remained above the aforementioned swing area. That area will be a close support going into the new trading week. Staying above it would give the buyers the full control.
On the topside, the next key target would come in at 1.1787. That level corresponds with the swing high from July 24 and other swing levels going back to early July.
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This article was written by Greg Michalowski at investinglive.com.Hence then, the article about eurusd technicals the eurusd is higher on the week with buyers holding the advantage was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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