EUR/USD buyers still pushing higher. The pair broke the previous resistance 1.1450 and trading above 4 months high of 1.1460. The EURO boosted by after The European Council President Charles Michel put forward a new compromise proposal, which is lower than the initial proposal. On Sunday, the European Union leaders failed to agree on a plan for a 750 billion Euro ($857 billion) stimulus after 3 days meeting.
The next resistance to watch 1.15/1.1530. The sellers will likely look to enter around these areas. On the downside, if the price breaks drop below 1.1450 the next support level will be placed at 1.1420 followed by 1.1370.
