EUR/USD: With the pair closing higher the past week, it now leaves risk of more strength on the upside. On the upside, resistance comes in at the 1.0850 level with a cut through here opening the door for more upside towards the 1.0900 level.

Further up, resistance lies at the 1.0950 level where a break will expose the 1.1000 level. Its daily RSI is bullish and pointing lower suggesting further weakness. Conversely, support lies at the 1.0750 level where a violation will aim at the 1.0700 level. A break of here will aim at the 1.0650 level. All in all, EUR/USD faces further recovery threats.