EUR/USD Technical Analysis

• The price hit the support
• The price could go higher
• Profit taking around 1.0370
• 1.0476 could be next

Daily Chart EUR/USD

1. Swing high
2. Point 2 Order block
3. Mini swing high
4. Price at support
5. Swing target if 1.0360 holds

The EUR/USD has reached support as I suggested in the latest EUR/USD analysis. At this point we can see that the price is hitting the M L3/Q L5 and we should see a potential move up. If the market continues with a retracement, look for 1.0476 as the final target for the day. In the case that 1.0360 holds, swing target might be 1.0706

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Cheers and safe trading,

Nenad