EU is in an uptrend.
Chart below:
Price has pulled back to the weekly pivot point where it has found support and formed a double bottom.
Chart below:
Price has this morning broken up through the averages and I am looking for a long position as detailed below.
Levels and chart below:
Entry: 1.3500
Stop Loss: 1.3470
Target: 1.3650 (5%)
I will update again should the position be opened.
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