EUR/USD is slowly increasing. The pair is maintained at a resistance given at 1.2325 (17/01/2018 high) and hourly support at 1.2165 (17/01/2017 low). The technical structure suggests further short-term upside moves.
In the longer term, the momentum is turning largely positive. We favor a continued bullish bias. Key resistance is holding at 1.2856 (15/10/2014 high) while stron
 and hourly support at 1.2165 (17/01/2017 low). The technical structure suggests further short-term upside moves.){kind=link}