EURUSD recently reversed up from the support zone lying between the key support level 1.11900 (low of the previous corrective wave (a)), support trendline of the daily up channel from May and the 38.2% Fibonacci correction of the earlier sharp upward wave A from the end of April. Given the strong euro bullish sentiment seen across the currency markets today – EURUSD is likely to rise further further toward the next resistance level 1.13510 (top of the previous minor corrective wave (b) from the middle of June).