Since the second last week of April, the Euro has been in a bullish trend. While it has crossed over my moving average setup, which is the first indication of a trade change, it currently rests on this bullish trendline.
![](https://c.mql5.com/6/592/cT_cs_1013870_EURUSD_2015-05-04_13-55-40.png)
Furthermore, I have plotted three potential demand zones if this pair breaks through the trend line. It has experienced quite some massive purchasing due to a string of fundamental releases. As the U.S. economy stalls on recovery, these zones may present the perfect buying opportunity.
![](https://c.mql5.com/6/592/cT_cs_1013870_EURUSD_2015-05-04_14-01-38.png)
Currently, there isn't much activity going on in this pair. After all it is the New York session, which I am not a fan of trading.