EUR/USD Medium term

Updated
Eurodollar reaching for a highest level since mid-September. Currently in an upward channel and surpassed a resistance level @1.1860. The plan is to wait for a retreat back to the said level and enter a long trade with a potential take profit @ 1.20 - a major resistance level.
Trade active
It seems, that EURUSD agrees with me, it just moves faster than expected. No problem - still trading. Will monitor US Manufacturing PMI today @10AM EST.
EURUSDTrend Analysis

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