EUR/USD Technical Analysis: Rising odds for a test of 1.10 (and beyond?)

• EUR/USD keeps the buying interest well and sound at the end of the week, trading in the 1.0970/80 band and always tracking the persistent weakness in the US Dollar.
• A break above this area of resistance should expose the key handle at 1.10 ahead of the short-term resistance line, today at 1.1029.
• The continuation of the upside impetus carries the potential to test the 55-day SMA near 1.1070 in the near term.

EUR/USD daily chart