EUR/USD is reaching new highs
Recommendation:
BUY 1.2500 SL 1.2445 TP1 1.2580 TP2 1.2625 TP3 1.2770
BUY 1.2465 SL 1.2410 TP1 1.2580 TP2 1.2625 TP3 1.2770
On the daily chart of EUR/USD, there’s a sustainable uptrend. The pair is confidently moving towards the convergence area near 1.2770. There are 224% and 161.8% targets of the junior and senior AB=CD.
On H1, EUR/USD bulls will control the situation as long as the euro is above $1.22. Pullbacks to support at 1.25 and 1.2465 may be used for opening long positions.