The pair has shown historically that it always moves back to EMA9. I am expecting it to go higher for sometime to EMA9
I believe a quick retracement down is due to the support line soon then more upward movement.
The pair is rebounding from the weekly support line, more upward movement is expected
EURUSD has been moving up with significant drops. I presume this pattern will continue for some time.
RSI divergence + strong monthly support = potential bullish move
EURUSD is on the way to hit its major support and bounce up towards 1.9 on USD weakness. RSI is showing raising new lows and hopefully bounce up is due.
It's quite clear that the pair is going to move upwards towards the supply zone starting at 1.947.