EURUSD above 1.22 region

FX:EURUSD   Euro / U.S. Dollar
  • The EUR continues to rise against the U.S. dollar as the Federal Reserve continues to pump money into the economy and Biden's administration looks to spend.
    EURUSD surged above 1.2200 with the 100 EMA serving as a strong level of support on the 4hr time frame.
    EURUSD could target 1.2270, 1.2300 and 1.2334 levels respectively.