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EUR/USD is reaching new highs

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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.

EUR1.png 

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.

EUR2.png

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