EURUSD Up Trend
The pair could not reach the support level 1.0500 and reverse. RSI confirms price reversal. We have a new swing low which is higher then previous one, and we can draw a new uptrend line. It's time for long trades and we can place buy-stop orders for entry above the high of the bullish candle. Also we can search for better entry levels on lower times frames. Stop orders must be placed below 1.0500 level. Profit targets are at the resistance levels 1.0800 and downtrend lines.
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