EURUSD has rallied to a seven-session high of 1.1907, with gains initially coming following U.S. data, and later comments from ECB Lagarde, who said in her press conference that the Eurozone is seeing a “strong rebound”, as the bank revised its growth forecast. On the Euro, Lagarde indicated there was no need to overreact on the currency strength for now. The September 2 high of 1.1929 us the next upside target.
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Andria Pichidi
Market Analyst
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