EUR/USD Is Still Climbing

The US change in Non-Farm Payrolls last week pushed the EUR/USD pair to rally, climbing with over 200 pips and breaking above both 1.1200 and 1.1300. Today it seemed that the pair would spend some time simply consolidating after the big move to the upside last week, but it appears that said move to the upside might not be over yet as the pair is once again testing the resistance at 1.1370. A possible breakout above that resistance would lead to a further move to the upside towards the next resistance at 1.1400 – 1.1430. I have not opened new longs yet, but I will likely do so once the pair breaks above 1.1370.