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  1. FreshForex team
    A serious advantage of bulls appears EUR/USD Monthly chart: upper Bollinger's band moved above to 1.3753. Taking into account pressure from ADX, we can assume that upper trend is shaped very well and has two possible paths: either a direct way to the subsequent level (1.4285), or rollback from Bollinger's average band (1.31), from where a strong impetus to 1.4285 will take place. Failure of this scenario is only possible under 28th figure (blue arrow) and there is almost no technical sense to consider this option within the frame of weekly forecast.

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