The EUR/USD pair has been seen moving higher on the daily time frame as there is still a room on the RSI indicator before it hits the extremely overbought market conditions. The next target for bulls is seen at the level of 1.1054 - 1.1097, which creates a supply zone for bears.
The intraday technical support is located at 1.0971 and 1.0873. The bulls are clearly in control of the market and there is no indication of a up trend termination or reversal.
