EUR/USD at the 1.3800 level.

Yesterday the EURUSD initially fell but found yet again enough buying pressure to break above a daily resistance at 1.1237 and closed in the green near the high of the day, setting a bullish tone for the mid-tem. The key levels to watch today are a previous swing high at 1.1332 (Resistance), a daily resistance at 1.1460 and the previous resistance now support at 1.1237.
 
The single currency recorded a significant growth against the dollar on Thursday, which technically was the fifth consecutive profitable day for the currency pair. The euro rose by nearly 70 pips to a closing price of 1.1278. The session was held within the extreme values at 1.1294 and 1.1278. The price went above moving averages, while the index of relative strength develops in positive territory. Break of 1.1290 will confirm the current optimism and the next target is 1.1320.
 
The EUR/USD rose up today ad broke above the 1.1320 resistance level. A consolidation above the 1.1300 level may lead for more gains ahead of Wednesday, when the Federal Reserve will announce its decision on rates.
 
EUR/USD will probably continue climbing until it reaches the resistance at 1.1440 visible on the weekly filter chart. Depending on the events on next Wednesday it might even continue rising until it reaches the previous high on 1.1713.
 
RSI is mixed to bullish and the price is facing resistance at 1.1360 then 1.1400. the market is bullish before the FED meeting next week which will have a huge effect on the market.
 
On Friday session the EURUSD pair rallied for a second straight day and closed in the green near the high of the day with a narrow range. The currency is in a well-established bullish phase after the golden cross last week and trading well above the 10-day moving average.

The key levels to watch today are 1.1495 (Resistance) and 1.1237 (Support) and we may have a pullback to the 1.1237 (Support) before another push upward.
 
The pair is trading within a narrow range prior the FOMC. The immediate resistance can be found at 1.1332 and on the downside is located at 1.1244.
 
The euro recorded a rise on the last day of the week. The EUR/USD opened at a price of 1.1278 after steady upward trend throughout the session and in the end closed at a rate of 1.1341. The pair managed to break the first resistance at 1.1290 and if the trend continues, the next target will be the second resistance at 1.4300.
 
The EUR/USD fell today after recording the highest point last week, Today reached 1.1372 in the early morning to 1.1284 but we still in the beginning for the week.
 
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