ChristieCapital

EUR/USD new intraday uptrend

Long
FOREXCOM:EURUSD   Euro / U.S. Dollar
The EUR/USD pair broke above an ascending triangle bullish continuation pattern on a 30-minute chart. Prices remain supported by their 20-period moving average. Traders who are bullish may consider a stop-loss near the 1.1055 are just below the 20-period MA with a target near 1.115 resistance. A break below the 20-period moving average may put pressure on the EUR/USD down towards 1.103 support at the pattern breakout.

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