EURUSD: Target hit. One more to go.

The EURUSD pair hit our TP1 = 1.0700 (see past idea at the bottom) and reached the 1D MA50. Naturally it turned neutral again technically on the 1D time-frame (RSI = 54.823, MACD = -0.001, ADX = 25.764) and this is a short term Resistance.

As mentioned previously, as long as 1D candles close over the 1D MA100, the trend is bullish long term supported on HL going back to last December. The Fed on Wednesday typically come with volatility, so it is possible for late comers to get once last opportunity to buy. TP2 is 1.08500.


Prior idea:



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