EURUSD rebounded on Support (1) as suggested on our previous analysis (see bottom for chart) and hit the 1.06650 Target. The rejection took place both on the Falling Resistance and Resistance (1). Pullback expected and the first Support level is the 0.236 Fibonacci.
Trading Plan: 1. Buy on Fibonacci 0.236. 2. Buy on Support (1).
Tips: 1. RSI (4h) turning overbought is an additional reason for this expected pullback. 2. The MA50 (1d) crossed over Support (1). It may offer this time buy presence above it.
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