Yesterday we had a nice discussion so thank all of you and Peter jcp in particular!
EURUSD may have found its min level at support pivot 1.2955 and already went 100+ pips higher from that point. Above 1.3015 I expect more bullish move to come.
Though my trading is based on short-term positions, I believe EURUSD should try its highs around 1.32 once more and climb up to 1.3350. This scenario doesn't cancel, though, that we may see first another low, say 1.2920...
Returning to intraday positions, we're testing first support trendline on 5 min chart at 1.3030. If we get below it, then we meet support levels at 1.3025, 1.3018 and 1.3015 - a busy area. My initial targets on the upside are set in 75 area.
Your views, comments and charts are very welcome!
Have a safe trading,