EURUSD continues to rise after this currency pair reversed up from the powerful support area lying between the key support level 1.21000 (which was set as the downward target in our pervious forecast for this currency pair), 38.2% Fibonacci correction of the upward impulse from November and the lower daily Bollinger Band. Given the rising predominant uptrend  and the bullish sentiment affecting the euro today – EURUSD currency pair is expected to rise further toward the next resistance level 1.22200 (top of the correction (2) from the start of January).