The EURUSD pair remains bullish long term as the 1D technicals are all green (RSI = 67.498, MACD = 0.008, ADX = 42.429) and the Channel Up since the middle of November intact. Right now the price is supported by the 4H MA50, which is our Bearish trigger. Under it we sell with TP = 1.07200 (bottom of S1). The Bullish trigger is over the top of the Channel Up, above which we buy with TP = 1.11800 (under March 31st High).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.