gbp-eur-bank-notes-and-coins
  • EUR/USD hits resistance at 1.1770 .
  • Upside target at 1.1917 (September 10 high).

The EUR/USD  bulls ran out of steamat1.1770 resistance, the multi-day highs and  55-day SMA.

A move through this level and 1.1790 is needed for a more meaningful move higher. Beyond there,1.1915/20  (September 10 high) moves into focus as a target.

EUR/USD outlook remains bullish as  long as the pair holds above  the critical 200-day SMA, (1.1246).