EURUSD made some impressive rally today from mid 1.16 to 1.1805, first triggered by stronger than expected German 3Q GDP, followed by slightly better ZEW, then accelerated the surge on technical factor, breaking back above the “Head-and-shoulder” neck line at around 1.1680 then trendline resistance from September high comes in at around 1.1730.

Next resistance levels are seen at 1.1825 50% retracement and 1.1880 high seeen in October.

Market awaits US CPI number tomorrow.