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Forex pairs in this Article » EUR/USD (Córdoba) - The EUR/USD continues to push higher Thursday, having broken above the 1.3650 area to hit its highest in over 8 months at 1.3680 so far.

The euro continues to take advantage of a weakened dollar, clearing resistances on its way toward 2013 highs. If EUR/USD breaks above 1.3710, it will be trading at its highest in nearly 2 years. EUR/USD has climbed more than 2 cents from yesterday's lows and records a 1.0% gain on Thursday, with US manufacturing data going virtually unnoticed.

EUR/USD technical outlook

Valeria Bednarik, chief analyst at notes a strong bullish momentum coming from indicators despite reaching overbought territory, pointing for a test of the 1.3710 year high. The analyst places immediate resistances at 1.3680, 1.3710 and 1.3740, while she sees supports at 1.3645, 1.3610 and 1.3570.
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