The EURUSD pair has been moving in a falling channel and every time the pair touch the support level it is pulled back up to the resistance. It seems to be a good opportunity to place buy position around the support area. First take profit for the pair is kept at 1.10810 and TP2 at 1.11715. In case of follow through selling the nearest stop loss for the pair will be at 1.09286.
Comment:
First target achieved!