EUR/USD resumes its ascent
As long as EUR/USD remains above Wednesday’s $1.065 low on a daily chart closing basis, further upside is likely to be seen with last week’s high at $1.0753 representing the next upside target.
As long as $1.0753 isn’t overcome, there remains the risk of another down leg being made, though, but this we see as less likely than upside pressure in the short-term.
