EUR/USD: 1.1004 major target

EUR/USD Uptrend!

The EUR/USD pair climbed as much as 1.0966 today where it has found supply. Now, it's trading at 1.0960 at the time of writing. The uptrend line represents a downside obstacle, so as long as it stays above this line, the price should resume its growth. Today's high of 1.0966 represents an upside obstacle. Passing above it may announce further growth.

EUR/USD Trading Conclusion!

Jumping and staying above 1.0966 validates an upside continuation. The 1.1004 higher high represents an upside target.