- EUR/USD hovers close to weekly high1.18
- Resistance seen at 1.1917 (Sept. 10 high)
EUR/USD encountered resistance at 1.18 a weekly high so far after breaking through the resistance line (off 2020 highs) today around 1.1750 in a meaningful way.
The pair could advance towards September 10 high around1.1915/20
EUR/USD remains bullish longer term whilst it trades above the 200-day SMA, today at 1.1258.