The EURUSD continued its bullish momentum yesterday , topped at 1.2610 , bottomed at at 1.2559 and closed at 1.2585...

After breaking above 1.2589 / 1.2610 , I assume a bullish move today testing 1.2750 area (50% retracement of 1.3486 to 1.2042)...

Immediate support is seen around 1.2600 where bounce back to upside is expected , stability above the key support 1.2530 is indeed to keep the bullish move suggested for today valid ,losing this level would take us to the neutral zone testing 1.2465 zone !!!

Note that losing 1.2530 would weak the main support 1.2465 but overall , as long as 1.2465 holds the bullish scenario is valid !!!

Recommendations : Buying the pair around 1.2600 targeting 1.2680 & 1.2740 , stop loss 1.2520

Best Regards

Haitham653