EUR/USD looks set to continue upward progress
Last week’s dip held above the crucial $1.1080 area, and since then dips have been strenuously bought. Friday’s EUR/USD peak took out the high from 22/23 May, around $1.1250.
So far it looks like we will continue to see an ascent to $1.13. Conversely, a move below $1.11 is needed to indicate that upward progress has stalled.