In yesterday's analysis, I expected EU to have further bullish continuation towards the 1.2150 resistance zone, which is exactly what the market is performing now. In today's trading session, I will remain neutral bias as the RSI condition is currently quite over-stretched, near the 75 mark. I will be expecting some pullbacks rejecting 1.2140 minor resistance, ideally towards 50ema for further continuation towards the upside with 1.2150 & 1.2210 resistance zones as targets.
Do not forget the overall trend remains bullish on the higher timeframe.
Trade safe.
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