EUR has bounced up strongly from the former resistance-turned-support of the descending triangle that was breached on Monday. The pair is now hovering above the 100-day MA. The outlook would turn bullish if the pair closes today above the 100-day MA.
That looks like, courtesy of the strong bounce from triangle support and bullish RSI above 50.
That looks like, courtesy of the strong bounce from triangle support and bullish RSI above 50.