The EUR/USD pair broke higher during the day on Tuesday, clearing quite a bit of resistance. If we can break above the top of the range for the session on Tuesday, the market should continue to go much higher, perhaps towards the 1.10 level above. This market looks as if it is going to continue to show quite a bit of bullish pressure, so having said that I believe now we have to be bullish of this market in the short term at least, but I think that the 1.10 level will be massively important.
Written by FX Empire