EURUSD looks to extend its past-week gains in the new week after breaking above its key resistance at 1.1496 area.

Resistance comes in at the 1.1700 with a break turning risk towards the 1.1750 level. A cut through here will target the 1.1800 level.

Further up, resistance stands at the 1.1850. Its weekly RSI is bullish and pointing higher suggesting more strength.

Conversely, on the downside, support comes in at 1.1600 level with a violation opening the door for further gain towards the 1.1550 level. Further down, resistance lies at the 1.1500 level.

A cut through that level will clear the way for a move towards the 1.1450 level.

All in all, EURUSD looks for more upside gain