EURUSD broke above 1.1383 resistance and extended its upside movement from 1.0766 to as high as 1.1422. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.1500 area. Key support is at 1.1240, only break below this level could signal completion of the uptrend.
