EUR/USD finally clambers above $1.14
The price of EUR/USD has climbed steadily higher and is finally managing to move and hold above $1.14.
Since the end of November the price has established higher lows, at $1.127 and then $1.13. As a result, further sell-offs may create higher lows, and it would need a move back below $1.13 to negate the more bullish view. Upside targets lie at $1.1475, and then on to $1.1554.