- EUR / USD starts testing levels above 1.2100 on Monday.
- The next up is now emerging at the February high at 1.2243.
EUR / USD moves to new monthly highs near 1.2120 early in the session, giving up some ground soon after.
A convincing break of 1.2100 should expose the continuation of the uptrend and thus a possible move towards the February peaks at 1.2243.
Above the 200-day SMA (1.1923), the EUR / USD stance is expected to remain positive.
EUR / USD day chart
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