Target hit. Bullish reversal confirmed.

9 Jul 2018

TP = 1.1730 hit on Friday and EURUSD is complying 100% to the buying pressure applied by the projected bullish reversal pattern (black curve) on 1D (RSI = 54.819, Highs/Lows = 0.0048) and continue to rise within a smaller, more fixed and controlled 4H Channel Up (RSI = 62.173, MACD = 0.003, Highs/Lows = 0.005, B/BP = 0.0024). The current price (1.1740) is a technical Higher Low to the 4H Channel Up which is bought for the next TP = 1.1800. The ultimate target before the next consolidation is the June 14th High = 1.1853.