EUR/USD A Move Towards Resistance Looms

 | Nov 30, 2021 08:37AM ET

Looking at the EUR/USD daily chart, we can see that today the pair seems very bullish after breaking above the level of 1.13.

There is strong resistance at around 1.1370, and if it can break through it, we could see the rate rising towards its next resistance at approximately 1.1450.

Otherwise, it could fall back towards its support level at around 1.13.