Euro / U.S. Dollar
Long

EURUSD Channel Up aiming at 1.20500

203
The EURUSD pair has been trading within a Channel Up since the April 21 High and is on its new Bullish Leg since the Higher Low bottom on the 1D MA100 (green trend-line).

Having flipped the 1D MA50 (blue trend-line) into Support, the 1D RSI shows that we are on a symmetrical level similar to June 10 2025. We expect the Bullish Leg to reach the 1.5 Fibonacci extension (at least) just like the previous one did. Our Target is 1.20500.

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