FxWirePro
Long

EUR/USD is trading above 200 day HMA,jump till 1.100 is possible

FX:EURUSD   Euro / U.S. Dollar
862 0 3
•RES 4: 1.1035 ( Apr             6th high)

•RES 3: 1.1000

• RES 2: 1.09275 (76.4% retracement of 1.105 and 1.0519)

• RES 1: 1.0886 (8th high)

PRICE: 1.0806 @ 11:45 GMT            

•SUP 1: 1.0756 (20 day HMA )

•SUP 2: 1.0698 (200 day HMA )

•SUP 3: 1.0640 (Cloud bottom)

•SUP 4:1.0460 (Mar 13th low)

Commentary:
EUR/USD             has slight recovered till 1.0845 after making a low of 1.0525. Overall trend is bullish as long as support 1.0700 holds.
On the upside minor resistance is around 1.0885 and break above would extend gains till 1.0925/1.100. Buy around 1.0780 stop around 1.0700 with target of 1.0881/1.100.






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