EURUSD extended its upside movement from 1.1915 to as high as 1.2323. Near term support is at 1.2195. As long as the price is above this level, the upside movement could be expected to continue and next target would be at 1.2400 area. On the downside, a breakdown below 1.2195 support could bring price back to 1.2100 area. Below here would aim the bullish trend line on the 4-hour chart.
