Potential EURUSD Trend Continuation and Trend Trading Setup

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The EURUSD is strongly bullish. From a pure technical approach, a long in the 1.14000 area is highly sought for. The ways to manage this potential trade setup are plentiful, depending on the type of trader that you are. We recommend a combination of taking off a part of the position on profit at the swing high point around 1.4400 area and trailing our initial stop loss a bit above break even and let the other part of our position size to potentially rally to 1.1600.