EUR/USD Price Analysis: Next resistance comes at 1.0090

• EUR/USD adds to Wednesday’s uptick beyond parity.
• Gains could accelerate to the minor hurdle at 1.0090.

EUR/USD extends the upbeat mood further north of the parity zone ahead of the ECB event on Thursday.

Further upside could see the weekly high at 1.0090 (August 26) retested in the near term prior to the interim hurdle at the 55-day SMA at 1.0162. Further up, spot could see its downside pressure alleviated on a surpass of the 7-month resistance line, today near 1.0210.

In the longer run, the pair’s bearish view is expected to prevail as long as it trades below the 200-day SMA at 1.0767.

EUR/USD daily chart