EURUSD - Technical Analysis: Tuesday, 23/05/2017 07:24 GMT

The EURUSD pair continued to rise to reach our waited target yesterday at 1.1270 and settles near it, indicating the continuation of the bullish trend on the short term basis, as we expect to head towards 1.1400 in the coming period.

Overall, the bullish trend will remain dominant as long as the price is stable above 1.1075, as breaking this level will push the price to provide negative trades that reach to 1.0985 initially before attempting to rise again.