The EURUSD prices breached the higher trend line of the downward channel and registered a pullback to it. The trend line turns out to be the key support as the prices takes an impressive rebound. Thus, the failure to went back to the downward channel brightens more changes for a bullish run. The main target will be at 1.1250 before which the traders can book profit at 1.1054. The stop loss can be set at 1.0967.