EUR/USD rallies into crucial resistance zone
EUR/USD has rallied through the $1.1746 resistance level, with the pair shifting into the next major level at $1.1790.
The ability to break through this level is going to be key in determining where we go from here. With the pair relatively overextended, there is a good chance we could retrace lower from this resistance level. However, as long as we do not see a break below $1.1650, any such weakness would be seen as a buying opportunity.