The EUR/USD pair has successfully broken above the 1.1188 resistance after a period of sideways consolidation within the range of 1.1068 to 1.1188. This breakout suggests that the upward movement from 1.1001 has resumed.
In the coming days, further rises are anticipated, with the next target set around the 1.1250 area. A move above this level would then aim for the 1.1300 area.
Initial support is at 1.1165. A break below this level could lead the price back to the next support level near 1.1140.