The EUR/USD is trading near a 5-week high.

The EUR/USD is trading near a 5-week high.
Yesterday 21st the EUR/USD traded higher and closed the day in the positive territory near the price of $1.0765. Today 22nd it was trading in a narrow range of $1.0765-75, staying close to a 5-week high. On the hourly chart EUR/USD is still trading above the moving average line MA (200) H1 ($1.0675). The situation is similar on the four-hour chart. Based on the foregoing, it is probably worth sticking to the north direction in trading, and as long as the EUR/USD remains above MA 200 H1, it may be necessary to look for entry points to buy for the formation of a correction.

Resistances levels are at: $1.0785, $1.0805, $1.0875

Support levels are at: $1.0705, $1.0635, $1.0615