The Euro has broken over is 200 Weekly moving average which is a big break through. It is not certain if this a fakeout or a breakout but signs right now point to a breakout. Geramny Data comes out tomorrow morning and can serve as a catalyst to continue the move higher, as political uncertainty continues to weigh down on the U.S. Dollar.
The next resistance is from a 2010 swing low at the 1.19 area.
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