able to chart the upward channel will find very good buying entries
again and again. Today's movement was a classical example of that.
EURUSD took a good rise after taking a dip just below 1.4900 level,
which seemed a very good entry level. It managed to break above 1.5000
level and currently looking to consolidate above that important level.
But it seems that before taking another rise, it might just take a dip
to 1.4930 level and buying around 1.4950 level might be a good idea.
RSI, in daily charts, is a bit on on the higher side at 69. But still
it seems that it will have more than enough space for another
comfortable rise above 1.5100 level.
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