OANDA:EURUSD   Euro / U.S. Dollar
1m
Weekly Level has been broken with a strong close above. EMA pointing to the upside.

1W
EMA pointing to the upside, a retest of the weekly level as been rejected.

1D
EMA has been respected and 3 rejects formed in the last 3 days. Followed by an inverted hammer and a morning star.

4H
Counter Trend line has been broken after a nice rejection of the Fib Area. EMA also crossed before the break of CTL.

Comment:
Stop loss moved to above break even.

Target extended to 1.22566
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