Bottom is forming- time to start looking long.

FX:EURUSD   Euro / U.S. Dollar
38 0 0
EUR is making higher highs and lower lows. We have support at the 50 and 20 day EMA , along with support from apr             13' and jul 13'. I feel a push to 1.29 area is imminent in the near future, followed by a retest of the lows to confirm the bottom. I will be looking to get long around the 1.25 level and take profit at around 1.288. Stop around the 1.248 level. Happy trading!
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