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Technical Analysis: Technical Summary for Majors
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EUR/USD Yesterday’s break and close above key short-term barrier, after the pair rallied in late US hours to fresh highs at 1.3370 zone, gives positive signal for further extension higher. Overnight session price action was flat, moving within few pips range and seen as consolidation of previous rally. Hourly and 4H studies are still in the positive field, although RSI entering overbought zone, no signal of reversal yet. Immediate upside target lies at 1.3400, figure resistance, ahead of 50%
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