Support held. Traders took the price higher.
The EURUSD has moved higher in trading today. The catalyst? Sometimes support hold is a good enough reason/story for a move higher. Now the story can be helped by plot twists. Maybe it is the EURGBP buying. Maybe it is the data out of Europe (although the data looks mixed today). But what I know is if the support cannot be broken – in the chart picture – the story line can turn more bullish.