EUR/USD following the euphoria!
Following the breakout of the bearish trendline highlighted by the chart, we took a long position by abandoning the idea of short-term closure gap. As we can see, the price dropped back again into the support band 1.08500 / 1.08200 on which there was also the SMA200 and found the push to get back to the highest since November 2016. The euphoria due to Macron's victory and prospects for stability and improvement for the European Union should be able to bring the price to reach our target in the mid-term area of around 1,135 with probable profit taking in the resistance zone 1,11 / 1,113
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