The pair was traded up this week closing at $1.2387. EUR/USD has been experiencing an upward trend in the course of the week with some short corrections now and then. On Wednesday the pair broke the destination price of $1.2324, therefore at this point there’s a real possibility of continuing the upward correction. The $1.2242 mark is used as a support in case of realization. Breaking this week’s high at $1.2412 will trigger another upward move with the next destinations at $1.2586 and $1.2712.