EUR/USD: The pair has triggered a strong rally on recovery higher on Wednesday. This development has left EUR/USD targeting further bullishness. On the downside, support lies at the 1.0900 level where a violation will aim at the 1.0850 level. A break of here will aim at the 1.8000 level. Conversely, on the upside, resistance comes in at 1.1000 level with a cut through here opening the door for more upside towards the 1.1050 level. Further up, resistance lies at the 1.1100 level where a break will expose the 1.1150 level. Its daily RSI is bullish and pointing higher suggesting further upside.

All in all, EUR/USD faces further recovery threats in the days ahead.