EUR / USD continues its rebound from the 1.1613

EUR / USD continues its rebound from the 1.1613 level and is currently testing the minor resistance level at 1.1720, in case of break the pair will continue its uptrend term .

  Towards the next resistance level at 1.1790, but the continuation of the rise will be confronted with the strong resistance level of 1.1850, which is the upper bound of the consolidation range that has lasted for two months.

On the downside, below the level of 1.1613 the pair will return to test the low bound of the consolidation range at 1.1509.