• EUR/USD huge gains this week has broken through multiple key levels

• Including 1.0798 Fibo, 61.8% retrace of 1.1214-1.0125 (Sept-Feb) EBS drop

• A weekly close above 1.0798 Fibo would signal a major shift to the upside

• Watch 14-week momentum, it is on course to turn positive at Friday's close

• EUR/USD Trader . Previous update

Weekly Chart:

(Martin Miller is a Reuters market analyst. The views expressed are his own)