Trade of the day: EURUSD

The pair is on an uptrend, with the RSI showing a fair amount of bullish momentum. The 50 MA is below price, and the market open was above the pivot price which is at 1.0575.

Best trade recommendation would be to go long and place take profit targets at 1.0650 and possibly further at 1.0680.Stop losses can be placed slightly below the pivot price in order to guard against a price reversal.

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