Today on EURUSD - Daily and H4 charts support Long trades.

On the Daily chart above, the coast seems so clear for the bulls: price has broken the year high - a very major resistance level @ 1.4447 (which we've highlighted using the blue broken line) upward. Pls NOTE that price didn't just break this level, it closed comfortably above it. Also the downward trend-line was broken upward without much effort. These two signs, especially the broken year high, simply tell us there's a high probability that the bulls might be reigning for a considerable period of time. Really, the price action is so clear that there isn't much to analyze.

On the H4 chart above, price has broken a recent swing high @ 1.4359 (which we've highlighted using the blue broken line) upward. That shifts our bias in favor of an upward price move. The green horizontal line @ 1.4190 highlights the most recent swing low, and as long as price stays above it - in the absence of any new and higher swing low - our bullish or upward bias remains intact.

However, we still need our Hourly charts - using Fibonacci retracement levels and important support levels - to seek promising areas to take our Long positions. Price pattern on the Hourly must also be forming higher highs and higher lows. Please note that our aim is to buy a dip in today's up-trend.

Also, PATIENCE is the key here: we need to patiently wait for the Hourly retracement. It might happen, and it might not.