The Euro made an upside move from the 1.1311 low against the US Dollar and traded above the 1.1330 resistance.
The EURUSD pair is currently trading with a bullish bias above 1.1340 and looks set to break a key bearish trend line at 1.1360 on the 30-min chart.
On the downside, there is a bullish trend line at 1.1335 on the same chart, which can be considered as a major support area.
The pair may soon gain pace and break the 50% Fib level of the last decline from the 1.1419 high to 1.1311 low. The next stop for buyers could be near the 1.1380 level.