EUR/USD reaches fresh three-month highs around 1.0965

EUR/USD advances for the fourth consecutive session, hitting new peaks around 1.0965 on turnaround Tuesday. The continuation of the upward bias could see the psychological threshold of 1.1000 revisited prior to the August high of 1.1064 (August 10). So far, while above the significant 200-day SMA, today at 1.0806, the pair’s outlook should remain constructive.

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