The EURUSD pair is on a Channel Up inside a larger Channel Up pattern. The 1day MA50 has just started rising for the first time since February 17th.
As long as the short term Channel Up (dots) holds, target 1.11850 (Resistance A).
If it breaks, aim for Support B and buy again, with a target even higher this time at 1.13350 (+7.85% rise such as the first leg of the larger Channel Up.
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