EUR/USD Technical Analysis: Further upside could see 1.1165 retested in the near term

• The quick upside in EUR/USD on Thursday has failed ahead of the key 100-day SMA in the 1.1140 region.
• The 100-day SMA, today at 1.1137, should offer initial resistance ahead of the potential test of late August top at 1.1165.
• If the buying impetus picks up extra pace, then the critical 200-day SMA at 1.1209 should return to the radar.

EUR/USD daily chart