EUR/USD is trading at 1.1280, extending the gains seen yesterday. The pair hit a high of 1.1295 and the chart shows an accelerating move to the upside.

What’s behind the move? And where next? Here are thee reasons for the upside move, levels to watch in both directions and why this could be exaggerated.

Read the rest of the article EUR/USD shoots towards 1.13 – 3 reasons