Technical analysis:
EUR has been trading upwards in the past 24-hours. I found the breakout of the key swing high at 1.1087.There is also a fake bear flag, which is good sign for the further upside.
Watch for buying opportunities on the dips with the targets at 1.1108 and 1.1122.
MACD oscillator is showing new momentum up on the last rally, which is good confirmation for our bullish view.
Stochastic oscillator did fresh new bull cross
Resistance level is seen at price of 1.1108 and 1.1122
Support levels are set at the price of 1.1087 and 1.1070