EUR/USD made its way to higher ground in the final week of 2017. Will it continue gaining ground in 2018? Inflation data stands out as volume trading picks up once again. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD.

When nothing happens, euro/dollar rises. It is naturally bid. And this is exactly what happened. And between Christmas and the New Year, hardly anything happens. The US dollar suffered from a sell-off, related to profit-taking and end-of-year adjustments.

Updates:

EUR/USD daily chart with support and resistance lines on it.