EURUSD holding above ascending trendline support. With technical indicators showing room for further bullish momentum, a further push up above 1st support at 1.21589 towards 1st resistance at 1.21817 could be possible.
Trading Recommendation
Entry: 1.21589
Reason for Entry:
50% Fibonacci retracement, 61.8% Fibonacci extension, ascending trendline support
Take Profit: 1.21817
Reason for Take Profit:
Horizontal swing high resistance
Stop Loss: 1.21346
Reason for Stop Loss:
Horizontal swing low support
