EUR/USD Technical Analysis: Rising odds for a test of 1.10 (and beyond?)

FX Street

Updated: 4 Oct. 2019 | 11:17

EUR/USD keeps the buying interest well and sound at the end of the week, trading in the 1.0970/80 band and always tracking the persistent weakness in the US Dollar.
A break above this area of resistance should expose the key handle at 1.10 ahead of the short-term resistance line, today at 1.1029.
The continuation of the upside impetus carries the potential to test the 55-day SMA near 1.1070 in the near term.

EUR/USD daily chart

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