EUR/USD moves above 1.03000

Source: Dukascopy Bank SA
EUR/USD has seen a recovery towards levels of 1.03500 while breaching price levels of 1.02730 and 1.02370.



Further momentum to the upside could bring the FX currency pair closer to 1.04000. The FX pair is trading above the simple moving averages, which could indicate a shift in momentum from bearishness to bullishness in the near term.

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