FXStreet (Córdoba) - The euro extended gains versus a weaker US dollar and climbed above the 200-day SMA to post its highest level in 6 weeks. EUR/USD picked up pace as the greenback faced another round of selling ahead of the Federal Reserve meeting, with the pair reaching a high of 1.1047 in recent dealings. The euro is struggling to consolidate above the 200-day SMA, with next target at 1.1060, where the 100-day SMA stands. There is no data scheduled for the rest of the session. Tomorrow, German/EMU ZEW surveys are due ahead of US CPI figures. EUR/USD technical levels On the upside, immediate resistances are seen at 1.1060 (100-day SMA), 1.1100 (psychological level) and 1.1139 (Oct 23 high). On the other hand, supports line up at 1.0944 (50-day SMA/Dec 14 low), 1.0925 (Dec 11 & 10 lows) and 1.0878 (Dec 9 low). ------- What will 2016 bring to the Forex traders? Attend our Forex Forecast 2016 - The Panel with Ashraf Laidi, Valeria Bednarik, Boris Schlossberg, Adam Button, Ivan Delgado and Dale Pinkert. Register for the live event on Dec. 18th and get the recording too. ------- For more information, read our latest forex news.