EUR/USD regained traction after overnight’s drop and rose above 1.05 handle, penetrating falling daily cloud (spanned between 1.0490 and 1.0664), after better than expected German January Ifo report boosted the sentiment. Bulls look to resume recovery from Jan 13 low (1.0177) after reversal pattern has been completed on weekly chart (the pair was up 2.1% […]
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