The current price: 1.0625
Key point: 1.0600
Our preferred direction: buying positions above 1.0600 levels, targeting 1.0735 as a first target, then 1.0785 as a second target
Alternative scenario: stop loss and change direction by breaking 1.0600, targeting 1.0465
Technical comment
The euro-dollar pair is moving in an upward direction on the daily timeframe, from the bottom of last October and the highest support levels 1.0600 inside the ascending channel, so that the price is expected to rise to levels 1.0735-1.0785
