EUR/USD finds strength to rally
EUR/USD pushed down last week towards the $1.22 level that has marked the limit of progress to the downside for the time being.
Buyers have pushed the price back towards the $1.2340 area that stifled progress a week ago. A daily close above here suggests a move back towards $1.2450 and higher could be in play. A failure to maintain upward progress brings a retest of $1.22 into view, and below this $1.2165 and $1.2092.