Where to $EURUSD?

Last Thursday $EURUSD delighted me with a picture perfect touch of an up-trending line.



So what's next? Let's look at the situation. After last weeks rejection below 1.1150 it has shot up with vigor. Trending currently in nowhere land closely above and below trendlines, I will wait for further clues to find entries. A retest of 1.1350 will possibly offer an opportunity. If that trendline breaks though, EUR bulls are in control with a lot of upside potential.


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