Euro / U.S. Dollar
Long

EURUSD Rejection on MA50 (1d) but Channel Up intact.

107
EURUSD was rejection early today on the MA50 (1d) and the price pulled back aggressively.
So far it is contained above the MA50 (4h), keeping the Channel Up since the bottom of the 3 month correction, intact.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 1.07500 (top of the Channel Up).

Tips:
1. The RSI (4h) hit its Rising Support and is reversing. An additional sign of Support.

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Notes:
Past trading plan:

EURUSD One of the lowest risk trades you can find.

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