This morning I expect opportunity for an elegant move on EURUSD. In Peter's thread I started covering my buy positions on EURUSD from 40s area, but the last move is interesting as an independent trade.
EURUSD may cap its bullish move at 80s area (80-82-85), where several resistance levels meet: 1H moving average and resistance line on 5 minute chart above.
In order to complete these scenario, EURUSD needs to stay above 56-58 levels, as shown on tick chart. Technically this scenario is actual till the price stays above 42, but I'd suggest avoiding such broad stop-loss.
I hope that helps,
have a nice day and profitable trading! :)