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How high can the EUR/USD go?- read on for suggestions

As you know the dollar has absolutely no friends out there right now and that, according to White House insiders is exactly what the US President wants- a weaker dollar. So, as the EUR/USD rises this morning to levels not seen since 2022, this analyst is begged to ask the question- how much further can the Euro have to go? Well, looking at the longer term weekly chart over the past decade, there is some technical resistance in place just ahead of 1.15 and then after that close to 1.17. However, if we take a simpletons view and flip the move from 1.1214 to 1.1041 back the other way that would produce a contra swing objective at 1.2287. So, is that possible? Well, when it comes to a currency war anything is possible folks and make no mistake that is exactly where we are right now, in the midst of a currency war. The EUR/USD is actually falling back right now, but given how far it has come today that should not come as a surprise. It is just now at 1.1357

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