EUR/USD: Monday night's French presidential election debate adds support to the euro, broadening the current bullish phase (Lloyds Bank)

A break above 1.0800-1.0875 will leave room for short-term resistance at 1.1050-1.1130 according to Lloyds Bank:

"The results of Monday night's French debate brought support to the EUR/USD, extending the current bullish phase from support at 1.05 to test the significant resistance levels within the range in the 1.0800-1.0875 zone. Above this level, there will be little technical resistance up to the 1.1050-1.1130 area, but psychological resistance near 1.10 deserves our attention.

A retreat from support at 1.0695/1.0640 support is needed to suggest that the highs of the range have held out for pursued lateral consolidation in the short term."