EUR/USD heading higher once more
EUR/USD is pushing higher again this morning, following on from a 61.8% retracement earlier in the week. This points towards a likely break through $1.1961 resistance, with the November uptrend still in place.
Given the continued trend of higher highs and lows, we would need to break back below $1.1713 to negate the current uptrend. This would shift to $1.1807, should the price break through $1.1961.