There is a quite clear direction movement at the pair EURUSD, as a continuation of the last 5 trading days. As you can see at the chart above, the trendline seems to guide the pair all the more higher. The most probable scenario is to continue in a bullish action. Taking into consideration that today is the Ecofin Meeting, the second scenario is to break the trendline finding presure at the level of 1.3460. Thus, the trading idea for today is to take long positions near to the trend line, putting stop loss 10 pips lower and take profit 20 pips higher. In case of an opposite breakout of the trendline, you can take a short position expecting a big move at the pair.
Be careful : There is already a resistance line at 1.3445 that pushes the market lower.
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