On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition the currency pair managed to close above Tuesday’s high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1197 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).