EURUSD broke above 1.3333 resistance and reached as high as 1.3495 level, suggesting that the uptrend from 1.1876 has resumed. Bullish movement is expected to continue next week and next target would be at 1.3700-1.3800 area. Support is at 1.3285, as long as this level holds, uptrend will continue.
For long term analysis, EURUSD’s uptrend has resumed. Another rise towards 1.4700 area is expected in next several weeks.
