EUR/USD: Pushing Higher
EUR/USD has broken the resistance at 1.3622, confirming a persistent strong buying interest. The short-term technical structure remains positive as long as the key support at 1.3621 (06/12/2013 low) holds. Another support lies at 1.3524 (see also the rising trendline).
In the longer term, the decisive break of the strong support at 1.3462 (see also the rising channel) suggests that a significant top at 1.3832 has been made. However, the decisive break above the resistance at 1.3622 favours a test of this top.