EURUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.2994 had completed at 1.2570 already. Further rally would likely be seen in a couple of days, and next target would be at 1.2800 area. Support is at 1.2570, only break below this level could trigger another fall to 1.2400 zone.
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