EURUSD technical update: EURUSD breaks to new 2023 highs. What next for the pair?

The EURUSD is trading to a new session and 2023 high and in the process is extended to yet another target between 1.1094 and 1.11346. The high prices traded up to 1.1120 so far. A move above would have traders targeting 1.1184 followed by the 61.8% retracement of the move down from the January 2021 high. That level comes in at 1.1274

This article was written by Greg Michalowski at www.forexlive.com. Source