Looking at EURUSD’s Chart, we can see that after the rate was held above its support level of around 1.08 twice, it started climbing towards its resistance level of around 1.09, whereas it is currently traded at 1.0858.

Today we could expect it to rise to continue towards its resistance level and if not able to break it through then we should expect the rate to fall towards its support level of around 1.0830.

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