EUR/USD Rally Was Fully Justified, But Can It Break High Resistance?

Our special focus is on euro/dollar, which gradually made its way to the upside. The odds are improving for the common currency. Politics looks better in the euro-zone, and that’s a novelty. But the dollar is also lagging behind on growth and the travel of direction for central banks, even if the US has a lead. But did the rally go too far?

EUR/USD is our currency of the week:

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