rauan
Long

EURUSD 1.1150 to 1.1230

FX_IDC:EURUSD   Euro/U.S. Dollar
I. EURUSD             on daily timeframe has touched dynamic support 1.1125, marked with yellow line on the chart.
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II. On intraday chart the pair has tested lower range of descending channel , starting from 1.1380.
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III             . Support zone 1.1125 is confirmed with trendline crossing on 1H timeframe.

Expect EURUSD             rising from current level targeting 1.1230.
Trade active: EURUSD has performed backward test and rebound from dynamic support 1.1120, upper range of intraday descending channel.
Stop set at 1.1100, target left the same at 1.1230.
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