EUR/USD well supported above 1.1300 in subdued, holiday-thinned trading conditions By Frank_Macro EURUSD Technical Analysis
is a little more interesting with the preliminary estimate of December HICP scheduled for release on Thursday.
Looking at EUR/USD from a technical standpoint, the pair is eyeing a test of last week’s highs in the 1.1340s, a break above which would bring in focus a test of December highs in the 1.1360s-80s area. Indeed, the pair does appear to have formed an ascending triangle in the latter stages of the month, which often is indicative that a bullish break is in the offing.
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