Moves to new session highs as the dollar moves lower
The USD is moving lower and the EURUSD is following that trend.
Looking at the daily chart, the pair is testing a topside trend line at 1.1424. A move above - and it is trying now - opens the door for more gains. The high for the month comes in at 1.14419. The 100 day MA come in at 1.14858.
Drilling to the hourly chart, the price is testing a swing high from Dec 10. That comes ahead of the high for December at 1.14419.
