EUR/USD breaks short term resistance 1.1310, targets 1.1430 Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 1, 2015 7:39 AM

EUR/USD Breaks short term resistance 1.13085 (28 th high) which confirms short term bullishness, a jump till 1.1370/1.1430 is possible .

On the downside minor support is around 1.12500 and any weakness only below that level.

it is good to buy at dips around 1.13050-1.13090 with SL around 1.1250 for the TP of 1.1370/1.1430

Comments

AJEXTRADING

⋅ Sep 1, 2015 2:38 PM

i am long and TP @ around 1.14 level

nixdem

⋅ Sep 1, 2015 2:14 PM

Stop triggered. What now?

hintonlynch

⋅ Sep 1, 2015 4:10 PM

Stop may have been too tight, it's establishing higher low on 1hr/4hr

Sugito_Laras

⋅ Sep 1, 2015 7:45 AM

not too much praise, but your analysis is very good. Thank you, best regards