Currency: EUR/USD
Trend Expected Direction: Uptrend
Method: Support and Resistance
Description: Following up our signal from last Thursday, we notice that the EUR/USD succeeded to reach the upper channel line and break through it. It is possible in this case that the currency pair will try to test the upper channel line before it continues rising.
Action: Best action is to buy in the range 1.2725-1.2740 .
Target Area: First target 1.2800, second target 1.2850.
Stop Loss: 1.2630
