EURUSD: With a strong rally pushing the pair higher for a third consecutive week, further strength is expected in the new week.
This development has left the pair targeting further upside towards the 1.3415 level with a break resuming its broader upside and turning attention to the 1.3450 level. A cut through here will aim at the 1.3300 level.
Its weekly RSI has turned higher supporting this view.
Conversely, support lies at the 1.3136 level with a turn below here shifting focus to the 1.3050 level and then the 1.3000 level. All in all, EUR remains biased to the upside.
Guest post by FX Tech Strategy