EUR/USD likely bullish towards 1.22

As of writing this review, prices with EUR/USD managed to break and hold above the previous level of resistance. This does allow for further upside possibilities at least towards the 1.22 area. On the contrary, the ECB (European Central Bank) has expressed growing concerns about the appreciation of the Euro with the negative effect on GDP.

In Summary
I am expecting further EU strength but my stance would be categorized as more Bullish/Neutral

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"Always prepare yourself for the unexpected turn."
Paul Forbes - Managing Partner @ LEFTURN Inc.