EURUSD breaks above resistance today and is making new 2020 highs. Price is making higher highs and higher lows and it seems that the consolidation period has ended and we are now again in a bullish move.
Green line- short-term support
As long as price is above the green short-term support trend line I expect this upward move to continue above 1.20. Support is now at the previous resistance at 1.1890-1.19 area. Breaking below this level could bring price back towards 1.18. Next resistance and upside target is at 1.21. Trend remains bullish.
