EUR/USD gradually regaining ground
EUR/USD pushed higher from the crucial $1.1616 support level on Wednesday, with the pair reaching a new high. That has continued the recent uptrend and points towards further gains.
While we have seen a pullback since, the price has come into and respected the 76.4% retracement. Thus as long as we do not break back below $1.1616, further upside seems likely from here.