US D Continues to climb from the price of 110.15 and is still in a short term up trend. Today, I expect a rally towards 111.45 and should not go above it, If this line, 111.45, is to be broken, then I expect further rally towards the weekly resistance seen at 114.86. As it is on the weekly chart above, if you're not short already, you could resell euro around 111.45 or upon a rebound from 114.86. With both positions, your take profit should be fixed at 108.62.
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