Along with the choppy equity markets, EURUSD looks meanwhile very promising for a little boost and higher intermediate highs. Given the recent bounce off its channel support line (1.0640 area), the most recent break-out from the counter-trend channel and the improving momentum along higher highs, looks very promising for upside to 1.0860ish. Should reach target within two to three days, latest.

Conclusion: Short-term upside to 1.0860ish. Ready for a bounce!



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