EUR/USD Breaks Above 1.1100 with Potential for Correction

The EUR/USD currency pair has surpassed the challenging level of 1.1000 and is now trading above 1.1100, at the upper parallel of a long channel. This could potentially lead to a correction back. Despite this, the overall trend remains strong as the dollar continues to fall, indicating that it is likely to continue doing so.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
1.1300	1.1200	1.1150	1.1000	1.0900	1.0850