This morning during the U.S. session the euro dollar returned to 1.2912 level. This area is a very strong weekly support, the pair tried to break but failed. It gives us a very clear signal that the euro is just trying to consolidate above this level, preparing for a move higher in the coming days. If you look at the technical indicator, there is a positive divergence, which at the moment is an opportunity to buy the euro at a low price. Therefore, buy euros above 1.29, our objective in the short term, we place it in 1.31 dollars per euro.
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