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EURUSD Pushes Up Through Key Resistance

The EURUSD exploded higher today as bullish momentum continues to dominate this market. Given the recent strength, and that key resistance near 1.3200 has been decisively broken, we would not be surprised to see a further push higher in the coming days as the next key resistance is not seen until up around 1.3410 area. Traders can watch for rotations back to the 8/21 day dynamic EMA support layer for price action buy signals to trade back in-line with the current bullish momentum.

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