Price has surpassed our descending resistance-turn-support line triggering a bullish move from here. EUR/USD made a push up to our profit target before reversing back to our buying level. We remain bullish above 1.0418 support (Fibonacci retracement, horizontal overlap support) for a push up to at least 1.0510 once again (Fibonacci retracement, horizontal overlap support).
RSI (34) has made a bullish exit signalling a change in the momentum.
Buy above 1.0418. Set stop loss at 1.0347 and take profit at 1.0510.
