The bid bias for #EURUSD at a rate of 1.08326 remains unchanged and is still maintained above the obstacle of 1.0800.
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- EUR/USD maintains the bid bias unchanged above the 1.0800 hurdle.
EUR/USD adds to the weekly leg higher and looks to consolidate the breakout of the key 1.0800 mark on Wednesday.
A more serious bullish attempt is expected to quickly surpass the so far monthly high at 1.0823 (June 13), to then refocus on the transitory 55-day SMA, today at 1.0878. North from here comes the weekly top at 1.0904 (May 16).
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0531.
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