The EUR/USD pair has surged up this morning, and a continuation higher is favoured. Surpassing the 1.3092 highs was a strong bullish sign, reversing the progression of peaks and troughs. A decisive break above the down-sloping trend-line at 1.3105 would indicate potentially stronger follow-through to the upside, first to resistance at the 100-day at 1.3155 and then probably to 1.3285. There is a possibility the trend-line could hold and the down-trend will resume, with prices moving from their current level down to the 1.2975 lows. Price action has not given any corroboratory evidence yet.