EURUSD is moving in a bullish direction finding strong resistance at 1.3542 today. The currency continues to follow the ascending trendline that began at Nov the 7th, which pushes it higher and higher. Apart from the trendline, the currency is finding the last 4 trading days above SMA-100 and the last 2 trading days a newer support at SMA-50. This could mean that a trader could go long near to this lines. The next crucial point is that the pair has found twice (today and yesterday) a strong resistance as you can see at the chart above.
Thus the trading idea for today is to take long positions near the first trendline putting stop loss 10 pips lower and take profit 30 pips higher. At the alternative scenario of breaking out the trendline, you could sell, taking a short position putting stop loss at the second trend line (as you can see at the chart) and take profit at 1.3430.
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