EURUSD MACD Bullish Cross is about to reverse the bearish trend!

The EURUSD pair is on the verge of a medium-term trend shift from bearish to bullish as:

1) Not only did it form the 1st MA50 (blue trend-line) / MA100 (green trend-line) Bullish Cross on the 4H time-frame since July 12
2) But also is about to complete the 3rd rising Bullish Cross on the 4H MACD.

Those two can give shape to a Channel Up pattern that will target the two main Resistance levels, the 4H MA200 (orange trend-line) at 1.06350 and the 1D MA50 (red trend-line) at 1.06850. Target 1 is neatly placed just under Resistance 1 while Target 2 near the top (Higher Highs trend-line) of the emerging Channel Up.

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