EURUSD

 
Yesterday, the euro took advantage of the market's indecision to rebound with strength to 1.4481 dollars per euro. Closing today's candle above this level leaves the door open, again, to a new bullish rebound up to 1.5152. On the other hand, not consolidating 1.4481 could bring a selling that would test the strength of 1.42. From the one hour chart, the price found a significant support at 1.4275 and, today, at 1.4408, climbing to a test to 1.4481. Breaking it would lead to 1.4513, strong support during December. Once there, 14586 is a bit far, but it's the next main resistance, which could bring a large movement towards it. Below, not breaking 1.4481 will prompt dollar traders to lose, first, 1.4452 and then head down to 1.4408. Clearing this last level would bring potential for a slide down to 1.4275.

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