Next target appears at 1.1880

EUR / USD is rising for the third day in a row on Thursday and recovered levels beyond the key barrier of 1.18.

In case of extending the bullish moment, then the pair could try to move to the October highs at the 1.1880 area ahead of the 1.1900 level.

Looking at the broader scenario, the constructive stance on EUR / USD is expected to remain unchanged as long as it is above the critical 200-day SMA, today at 1.1327.

EUR / USD day chart

EURUSD

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Credits: Forex Street

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