Looking at EURUSD’s chart, we can see that in the past week, it is traded between the range of 1.0270 and 1.0130 whereas currently, it is at the rate of around 1.02. If it holds its rate above the support level of approximately 1.0190, then we could see it rising towards its resistance level of around 1.0230 otherwise it should fall towards its support level of approximately 1.0160.

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