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EUR/USD: Price Increase Outlook in the Upcoming Period

Euro / U.S. Dollar (OANDA:EURUSD)  
Stephen_Anders  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD resistence support chartanalysis buy SELL Forex upward trend
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trendanalysis chartpattern indicator eurusd resistence support chartanalysis buy sell forex upward trend
EUR/USD responded to new demand and rose to 1.0750 in the European trading session on Thursday.

From a technical perspective, a positive signal is emerging as EUR/USD may be forming aa cup and handle. In this scenario, the expectation is for the price to continue rising to the first resistance level at 1.0727, followed by the psychological milestone of 1.0885.

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