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Long

Long EURUSD after bullish confirmation

FX:EURUSD   Euro Fx/U.S. Dollar
97 5 0
The bearish target got invalidated for the time being.
Two possible scenarios, most likely is the one where we retest 1.1.
Good luck!
Upper target is now more likely.
Consider scaling in, or getting long after a retracement.
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Move up started, FOMC minutes and Euro data tomorrow should boost this.
The dollar index looks bearish.
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Price retraced as expected, and it might be weaving a triangle, in which case the upside potential of the next swing is limited, and suggestes a thrust down in the near short term.
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Bearish path was correct. Initial target hit though.
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