EURUSD next target is 1,1133

The Euro has found itself to be a bit heavy again during the early hours on Wednesday, as we tried to break above the 1.1350 level but failed again as we did during the previous session.

Looking at the chart, I recognize that we had been in a significant uptrend within the confines of a larger consolidation range between 1.1350 at the top, and 1.1100 at the bottom.