EURUSD - Technical Analysis: Monday, 08/06/2015 05:15 GMT

The EURUSD pair moves inside an ascending channel that carries the price from 1.0461 areas, and the recent bullish rebound from this channel’s support offers positive signals that support the chances of continuing the short term bullish trend.

Stochastic is oversold and supports the positive overview, while the exponential moving averages 50 and 100 form good support base that support the waited rise.