EUR/USD closed higher Thursday.
The high range close sets the stage for a steady to higher open Friday.
If the single currency extends the rally, the August high crossing is the next Northside target.
Closes below the reaction low crossing will confirm that a short term top has marked.
Technical analysis is a method of forecasting price movements by looking at purely market-generated data. Price data from a particular market is most commonly the type of information analyzed by a technical trader