EURUSD (1.1691): The EURUSD currency pair pushed higher on Thursday. The gains came on the back of the ECB’s monetary policy meeting. price action was seen breaking past the resistance area of 1.1626 – 1.1656 level. Any pullback is likely to be limited to this resistance which could act as support. This would keep the upside bias as the currency pair targets 1.1730 resistance level. In the event that EURUSD slips below failing to establish support, we could expect the ranging price action within 1.1656 – 1.1540 to continue.

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