09.37 GMT, Euro is picking up new power against US dollar this week. It reached a new high in two month against US dollar at 1.3158. Some analyst said that it's because a relatively calm markets, collapsing volatility and investors keen to exit some of their short positions ahead of Christmas holidays.
For the rest of the day, EURUSD has a support near yesterday's high at 1.3070. If it holds, EURUSD might stay above 1.3100 today. On the contrary, EURUSD will have a pullback to 1.3000
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