- EUR/USD keeps the firm note and advance beyond the 1.14 mark.
- Further upside could see the yearly highs below 1.1500 re-tested.
EUR/USD is posting strong gains for the fourth session in a row and flirting with a Fibo level in the mid-1.1400s on Wednesday.
If the buying bias picks up pace, there is increasing chances of a move to the 2020 peaks in levels just shy of 1.15 the figure (March 9).
Further out, as long as the 200-day SMA, today at 1.1053, holds the downside, further gains in EUR/USD remains well on the table.
EUR/USD weekly chart