FX:EURUSD   Euro / U.S. Dollar
Resistance - 1.1376, 1.14, 1.1464

Support - 1.1342, 1.1318-1.13, 1.1234

Pattern on hourly chart - Flag and Pole

  • Doji candle on daily chart at critical resistance level of 1.1376 if followed by a failure to take out 1.1376 and subsequent drop below 1.1350 would open doors for a slide to 1.1318-1.13 levels.
  • On the higher side, an hourly closing above 1.1376 would open doors for a rise to 1.14-1.1420 levels.
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