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EUR/USD Technical Analysis: Squeeze higher seen testing 1.1450 and probably beyond

  • EUR/USD is now facing some headwinds just above the critical 1.1400 the figure.
  • After leaving behind the 200-day/week SMAs in the mid-1.1300s, the pair now seems to be ready to extend the up move to March tops in the mid-1.1400s mark and beyond.
  • This important hurdle is considered the last defence for a visit of 2019 highs in the 1.1550/70 band.

EUR/USD daily chart

 

 

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