EURUSD TECHNICAL ANALYSIS; POSITION OPEN 1:2 RISK REWARD

EURUSD is currently forming a new bullish structure after a strong down momentum of 200 pips, higher highs and higher lows are forming so after the low formed (POINT 5) i expect the market to move up creating a new high at 1.22220 key level (POINT 6). Keep following the post for updates.