FXHighway
Long

EURUSD completes the positive formation

FX:EURUSD   Euro Fx/U.S. Dollar
75 0 0
Targets: 1.1600
Risk: 1.0820

Technical Reasons:

The completion of the double bottom pattern by breaching 1.1050, and settling above this level supports resuming the bullish trend and turning trading upwards.

The exponential moving averages 50 and 100 continue to offer support to the price, and it might be forced to show some temporary fluctuation to get enough positive momentum to resume the bullish trend .


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