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EURUSD is trading higher, pushing through initial resistance at 1.1808 high, Tuesday's high.
- A clear break would reinforce short-term bullish conditions following a period of consolidation and also confirm a clear breach of trendline resistance drawn off the Sep 1 high.
- The trendline was breached on Oct 5.
- Gains would open 1.1859 next, 61.8% retracement of the Sep 1 - 25 sell-off.