FX.co ★ EUR/USD turn bullish

Price has surpassed our descending resistance-turn-support line triggering a bullish move from here. We are bullish above 1.0418 support (Fibonacci retracement, horizontal overlap support) for a push up to at least 1.0510 (Fibonacci retracement, horizontal overlap support).

RSI (34) has made a bullish exit signalling a change in the momentum.

Buy above 1.0418. Stop loss at 1.0347. Take profit at 1.0510.