On Thursday, EUR/USD continued its upward momentum, climbing beyond 1.0800 the figure to set new multi-month highs and moving decisively above the key 200-day Simple Moving Average (SMA ...

EUR/USD met some resistance just above the 1.0500 ... the December peak, and 1.0746, the 200-day Simple Moving Average. On the downside, 1.0209, the February 3 weekly low, acts as initial support.

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The euro may undergo a minor corrective pullback against the dollar, based on the daily chart, Oanda’s Kelvin Wong says in an email. The currency pair’s three-month rally has reached an overbought ...