EUR/USD- Bounced from support as predicted; What now?
The EUR/USD has bounced from its support zone on a 30 minute time frame as predicted. This support zone was given in our analysis yesterday.
The pair is trading above the 50 day (shown in green) but below the 100 day (shown in yellow) moving averages which means that the bulls are taking the control
The RSI has entered in the overbought zone which means that the price may find some resistance at this level.
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