EURUSD: Bullish, Eyes Further Upside

[FXTechstrategy]

EURUSD: With EUR seen bullish and targeting further upside, further strength is likely in the days ahead. Resistance resides at the 1.3800 level. A cut through here will expose the 1.3850 level. Further out, resistance is seen at the 1.3900 level. Its daily RSI is bullish and pointing higher supporting this view. Support lies at the 1.3700 level with a breach targeting the 1.3650 level and then the 1.3600 level. We may see the bulls come in here and push the pair higher. However, if this fails to occur, expect further upside towards the 1.3550 level. All in all, EUR continues to retain its upside bias in the medium term.

[piplaser]

This pair is now making some bullish attempts as the price stays above the support line at 1.1250. The most probable expected direction is bullish (as the reality shows), and we can see further bullish attempts here. There could be another 100-pip movement today or next week, which would make the price go above the resistance line at 1.1350, targeting another resistance line at 1.1400.