FXStreet (Edinburgh) - The shared currency keeps the buoyancy intact on Monday, now lifting EUR/USD to daily highs in the proximity of 1.1030. EUR/USD stronger as USD deflates The greenback has quickly deflated to session lows and is currently allowing a modest rebound in the pair to daily peaks in the 1.1025/30 band. Spot has managed to revert the bearish tone that prevailed throughout the session against the backdrop of empty releases in both Euroland and the US. Next on tap will be the German/EMU ZEW Survey due tomorrow, ahead of the key inflation figures in the US economy gauged by the CPI. EUR/USD levels to consider At the moment the pair is up 0.34% at 1.1027 with the next resistance at 1.1041 (high Dec.9) followed by 1.1060 (100-day sma) and then 1.1124 (61.8% Fibo of 1.1496-1.0524). On the other hand, a breakdown of 1.0895 (38.2% Fibo of 1.1496-1.0524) would aim for 1.0524 (low Dec.3) and finally 1.0519 (low Apr.13). ------- 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.