- EUR/USD climbed to fresh multi-month highs above 1.1100.
- Near-term technical outlook suggests that the pair is overbought.
- US economic docket will feature weekly Initial Jobless Claims.
EUR/USD gathered bullish momentum and advanced to its highest level since late July above 1.1100. The pair seems to have gone into a consolidation phase on Thursday as investors await macroeconomic data releases from the US.