EUR/USD Dec 10

A sustained move back above 38.2% Fibonacci level of the 1.0981-1.1116 recent positive move was seen as a key trigger for intraday bullish traders. Any subsequent move beyond the 1.1085 area (23.6% Fibo.) has the potential to lift the pair further beyond the 1.1100 handles, back towards testing last week's swing high – around the 1.1115 regions.