Open trading account 
The euro is rising against the US dollar in early European trading session on Friday.
The exchange rate trades at 0704 UTC within the 1.1380/90 area.
The exchange rate closed yesterday's session above the monthly S3 (1.1363) and given that support is now provided there, an attempt to rise above the 1.14 level seems likely during this session.
If so, the next target may lie on the 1.1465/75 area, where both the monthly S2 (1.1469) and the weekly PP (1.1475) are located at. On the on other hand a fall below the monthly S3 would probably trigger a plunge till the 1.13 area.
The exchange rate trades at 0704 UTC within the 1.1380/90 area.
The exchange rate closed yesterday's session above the monthly S3 (1.1363) and given that support is now provided there, an attempt to rise above the 1.14 level seems likely during this session.
If so, the next target may lie on the 1.1465/75 area, where both the monthly S2 (1.1469) and the weekly PP (1.1475) are located at. On the on other hand a fall below the monthly S3 would probably trigger a plunge till the 1.13 area.
