Short term bullish scenario - Testing weekly support

EURUSD is testing the bottom of a weekly trading range
The price held above the 50 days MA line last Friday and as long as it holds above this line there's a chance it'll bounce towards 1.07, 1.08 or even 1.09!

The final target zone and the potential R/R are shown at the chart.

#Notice - Weekly chart analysis support the opposite way right now (bearish!) so be careful with counter trend trading here. Read more about EURUSD in my weekly newsletter (link in signature below)