EUR/USD Technical Analysis: The pair set sails to the 55-day SMA at 1.1053

FX Street

Updated: 11 Oct. 2019 | 12:07

EUR/USD keeps pushing higher beyond the key 1.10 handle at the end of the week, leaving behind at the same time the short-term resistance line near 1.1010.
If the upside impulse gathers extra pace, the pair is expected to test the key 55-day SMA, today at 1.1053.
Further up emerges the next hurdle of relevance at September’s high at 1.1109.

EUR/USD daily chart

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