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FxWirePro
Jul 21, 2015 11:45 AM

EUR/USD breaks short term trend line resistance , targets 1.0950 Long

Euro Fx/U.S. DollarFXCM

Description

EUR/USD has broken short term trend line resistance 1.08620 and a slight jump till 1.0900/1.0950 cannot be ruled out .

Intraday support is around 1.0820 and break below targets 1.0800/1.0760 in short term.

It is good to buy at dips around 1.0865 with SL around 1.0818 with TP of 1.0950/1.1000
Comments
TradePeriod
Agreed with having a bullish EURUSD.


We were thinking the same last night, and managed to secure a long at the low of 1.0815. We are hoping for it to break the first major Fib around 1.094-50. Should we see a positive close in this range, a bump up to the next resistance of 1.1036 cannot be ruled out.

Good luck to all!
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