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EUR/USD: the pair should still be able to climb in the short term (Scotiabank)

Scotiabank warns that the EUR/USD can still rise on the forex in the short term according to its technical analysis.
"The EUR/USD was calm yesterday, after climbing to new multi-year highs peaks for several years, with a push near 1.20. There are not many resistance levels ahead of 1.2100, 1.2220 and 1.2250.
Momentum signals are bullish and trend indicators suggest reinforcement.
Short term support is located at 1.1880."
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