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Euro Technical Outlook: EUR/USD Breakout Faces Its First Major Test

Euro Technical Outlook: EUR/USD Breakout Faces Its First Major Test

EUR/USD technical analysis shows the currency pair rebounding off multi-year support after five straight weeks of testing, back into resistance. Michael Boutros, FOREX.com Senior Market Analyst, breaks down the euro-dollar picture across the monthly, weekly, daily and four-hour charts and the macro calendar shaping it.

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Source: Forexcom
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