EURUSD is still in a bullish strength with the formation of higher highs and higher lows. The support level priced at 1.0815 is the level from where we will go long and continue the till towards the resistance level. 

The ascending trendline might be retested before a parabolic move up.

There is no retracement in this scenario as the market has a smaller length.

EMA 50 is still bullish and is anticipated at the retest of the support level, with the confluence.

RSI is at 60. It needs to be neutralized at the 50 level before it continues moving up.

EURUSD buys from support

Feb 26 2024