- 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).