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EURUSD Breaks Out From Resistance

The EURUSD popped higher today and finally broke above 1.3125 resistance and closed above that level. Clearly, bullish momentum is still in control here and given the strength seen in this market recently we see the potential for more upside into the next resistance up near 1.3315. Traders not already long can watch retraces back to support for price action trading buy signals to trade in-line with the uptrend.