Contributors Technical Analysis EUR/USD Analysis: Continues Its Path Higher

EUR/USD Analysis: Continues Its Path Higher

The chart of the EUR/USD has not changes much since Thursday. Namely, the same patterns remain active.

The currency exchange rate is continuing its surge, as new high levels are booked in the medium scale ascending channel pattern. However, there is one new notable aspect.

It was spotted on Friday morning that the 1.17 mark is providing psychological support to the Euro against the Greenback.

Meanwhile, the same target of 1.1760 is aimed at.

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