EURUSD Riding the Trump BounceOANDA:EURUSD bounced off the lower channel with the help of Trump showing a nice reversal to the upside.
Daily Timeframe View:
The channel is still intact so the upper channel trendline is the next logical target from here. OANDA:EURUSD is also currently above the daily 50MA and the 4H 200MA so it might consolidate and even provide support before the next run up.
Entry: 1.06619
Stop: 1.0645
Profit: (tg1) 1.0840 (tg2) 1.092
Any feedbacks are appreciated!