The Eurusd is breaking out today after churning higher from the 1.2000 support level earlier this month.

The pair had some trouble at 1.2190 last week, but today’s session appears to be on track to close above it.

Keep in mind that we still need a 5 pm EST close above 1.2190 to secure the breakout.

If buyers do it, the 1.2190 region should flip to support.

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