EUR/USD breaks short term resistance 1.129,targets 1.1370/1.143
EUR/USD has made a low of 1.1200 and recovered from that level. Intraday trend is bullish as long as support 1.1240 holds.
Any break below 1.1240 will drag the pair further down till 1.1200/1.1178.
The pair’s major resistance is around 1.1316 and any break above would extend gains till 1.1370/1.1435.
Intraday bullish invalidation only below 1.1200.
It is good to buy at dips around 1.1280-85 with SL around 1.1235 for the TP of 1.1370/1.1430
Any break below 1.1240 will drag the pair further down till 1.1200/1.1178.
The pair’s major resistance is around 1.1316 and any break above would extend gains till 1.1370/1.1435.
Intraday bullish invalidation only below 1.1200.
It is good to buy at dips around 1.1280-85 with SL around 1.1235 for the TP of 1.1370/1.1430