EUR/USD Price Analysis: Next stop at 1.1000

• EUR/USD keeps the optimism well in place on Tuesday.
• Further upside could see the 1.1000 barrier revisited.

EUR/USD adds to Monday’s advance and climbs to 3-day highs in the 1.0970/75 band on Tuesday.

Price action around the pair looks firmer for the time being. That said, the next resistance level of note comes at the psychological 1.1000 barrier ahead of the June peak at 1.1012 (June 22). North from here, the pair is expected to embark on a move to the 2023 top just below 1.1100 (April 26).

Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0572.

EUR/USD daily chart