After consolidation, EURUSD broke above 1.1295 resistance and continued its bullish movement from 1.0569 (Apr 10 low), and the rise extended to as high as 1.1349. Further rise could be expected after a minor consolidation and next target would be at 1.1450 area. Support is now at 1.1265, as long as this level holds, the uptrend from 1.1118 will continue.
