It shows that EUR USD is in short-term bullish bias. Last week it has broken a short-term support at 1.1340-80. More bullish movement is expected now targeting 1.1500. But as the pair is in bearish retracement so it can also be expected a bearish movement targeting 1.100, But before this it needs to break the recent low at 1.1140 then we can see a bearish retracement targeting 1.1000. Moreover, there is some news on EURO including ECB Press Conference that can also the strength of EURO.

eurusd weekly trading forecast