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  • EUR/USD is clinging to multi-week highs in the New York session.  
  • The level to beat for bulls is the 1.1140 resistance.  
 

EUR/USD daily chart

 
 
On the daily chart, the shared currency is trading in a downtrend below the 100 and 200-day simple moving averages (DSMAs). This Thursday, the Fiber is surpassing the September highs and challenging the 100 SMA.  

EUR/USD four-hour chart

 
 
The Fiber is trading above the main SMAs, suggesting bullish momentum in the medium term. EUR/USD is clinging to daily/weekly and monthly gains, hanging near September highs. A break above the 1.1140 resistance can open the doors to the 1.1160 and 1.1191 resistances on the way up, according to the Technical Confluences Indicator.
 

EUR/USD 30-minute chart

 
 
EUR/USD is trading above the main SMAs, suggesting bullish momentum in the near term. Support can be seen at 1.1110, 1.1064 and 1.1041 price levels.  
 

Additional key levels