Tests topside trend line resistance
The EURUSD has pushed to NY session highs. The move has taken the pair to topside trend line resistance at 1.1264. That trend line was broken in the early European trading session, but reversed when the price could not get above the 50% of the move down from the September 18 high (at 1.12821). Key target for the bulls to get and stay above if going higher.
Meanwhile, helping the EURUSD is that the EURGBP and EURJPY are also moving higher. The EURJPY has held support at the 100 hour MA and looks toward the 200 hour MA. That MA held earlier today.
The EURGBP is also rising and is trading at the highest level since May 7th.