EUR / USD closing analysis 02-02-2018

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The EUR / USD pair came close to testing the pivotal support at 1.2390 and rebounded strongly from there. The bullish scenario remains effective over the short and medium term, supported by the 50 SMA which continues to provide positive support for the price, noting that the awaited targets begin to breach 1.2536 to confirm the opening The road is heading towards 1.2700 as the next major station.

EUR / USD closing analysis 02-02-2018 | Ecency