EUR/USD continues rising. It has broken above multiple layers of resistance at 1.3525 and the key 1.3550 level, producing a more bullish outlook. The count from the recent 1.3295 lows has produced an upside target of 1.3685, and this will now probably be reached, although a move above the 1.3575 highs would provide confirmation. Currently a pull-back is breaking below the trend-line and it could fall lower, perhaps to 1.3525 resistance-turned-support. Overall, however, the trend is starting to look more bullish, signalling a possible resumption of the broader up-trend from the July lows.
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