The price last week tested the support level , which is the lower border of the price channel . It bounced off it and at the moment is trading above the local support level formed from the low on March 9th. Consolidation above this level suggests further growth as the price is in the buy zone. The target is the resistance formed by the price stopping at the beginning of December.
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it's useless to read the chart of EURUSD because every move in this couple depending on the Dollar index, if you want to know where this couple moving you should read the chart of Dollar index DXY