
Expecting an upclose day for EURUSD today and following bullish sentiment from last night's close, market is expecting a small interest rate hike from ECB later today. Fundamental news aside, EURUSD may not be able to sustain the price of 1.4770 during the Asian session after which buyers will try for a higher high above 1.4780 by mid-London session.
There might be a choppy sideways market between 1.4720 to 1.4760 where buyers strength is weakening at the higher low area.
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