EURUSD technicals: The EURUSD continues it’s trend to the upside, and moves above targets

The EURUSD has been stepping higher in trading today and in the process has been able to extend above the 38.2% at 1.1507, the 38.2% of the move down from the end of October high at 1.15448. and and floor from October between 1.1541 and 1.1546.

The next target is the falling 200 hour MA at 1.15627 and the 50% of the same move lower at 1.1568.

In the video, I talk about the technicals driving this pair and roadmap as we head into the new trading day.