The uptrend on the daily EUR/USD chart is intact. The USD was weak during the last NY session and the EUR reached 1.4400 before pulling back to 1.4350. The current prices are in the middle of the June to September uptrend. Long-term there are good chances that the EUR/USD uptrend continues. For new entries I would wait until either
- a pullback & reversal signal on the lower boundry of the uptrend (currently at around 1.4150)
- a significant breakout above the recent highs (1.44.30, early Aug)
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