Forex technical analysis: EURUSD extends toward the next target

Dollar moving lower
The EURUSD is moving higher after the FOMC meeting minutes were interpretted as being a bit more dovish by the markets.
The pair has moved above the 1.1861 level. The 200 bar MA on the 4-hour chart and the 50% retracement of the move down from the September high, comes in at 1.1877-80.  Those

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