EURUSD closed a session that was marked with high volatility in the intraday levels, as the pair tries to stimulate positive momentum to help it rise again, while trading within an ascending price channel that limited its previous short-term movements, as it settles above the pivotal support of 1.1340, with positive pressure from the SMA50.

Therefore we reaffirm our positive outlook for the pair, as long as the support of 1.1340 holds on, targeting the resistance of 1.1465, readying to attack it.

Trend Bullish