EUR/USD Moved Away From Recent Highs Amid Profit-Taking

eu-l10EUR/USD is losing some ground as traders take profits after the recent rebound. From the technical point of view, EUR/USD needs to settle above the resistance at 1.0515 – 1.0530 to gain additional upside momentum.

In case EUR/USD climbs above the 1.0530 level, it will head towards the next resistance level at 1.0630 – 1.0645.

EUR/USD

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