EURUSD now looks toward 2023 high | Forexlive

The EURUSD has extended above the 2024 high at 1.1213.. The price high reached 1.1228. The current price is trading at 1.1203 currently

Buyers are making a play but they will need to keep the momentum going. Looking at the daily chart, the swing high from early April reached 1.11459. That could be used as a risk level for buyers for more upside momentum. Move back below that level and there is likely to be disappointment on the failed break to the upside. Another risk level would be the 1.1089 – 1.1106 swing level ( see one hour chart below).

On the top side, the next target comes against the high price from 2023. That level comes in at 1.12709.