The current price: 1.0855
Key point: 1.0785
Our preferred direction: Buying positions above 1.0785 levels, targeting 1.0935 as a first target, then 1.1085 as a second target.
Alternative scenario: stop loss and change direction by breaking 1.0785, targeting 1.0535
Technical comment
The euro-dollar pair is moving in an upward direction on the time frame today, from the bottom of last September, and in a price channel from the November channel, and the highest support levels 1.0735-1.0785, so that the rise is expected to continue to reach levels 1.0935-1.1085
