FxWirePro
Long

EUR/USD faces resistance around 1.1,bullish only above that leve

FX:EURUSD   Euro Fx/U.S. Dollar
845 2 9
EUR/USD             has made a high of 1.1113 and declined from that level. It is currently trading well below 100 and 200 day HMA.

Any break above that level 1.100 will confirm short term bullishness , a jump till 1.1035/1.1085/1.1100 cannot be ruled out.

On the downside minor support is around 1.09425 (76.4% retracement of 1.0920 to 1.1113) and nay break below will drag the pair further down till 1.0920/1.08865/1.0850.

Intraday trend reversal only above 1.1000.

It is good to buy only above 1.1000 with SL around 1.0945 for the TP of 1.10858/1.1100/1.1130.
MaryJane
a year ago
thx for sharing..here is my view
snapshot
https://www.tradingview.com/chart/EURUSD/W6g4MwW6-Trying-to-catch-the-Breakout/ Trading above the resist @ 1,098 generates a buyingsignal with tp1 @ 38 fibo: 1,10207 & TP2 0,5 fibo: 1,10384
alternative: Breakout of the trading bix bottom edge..short!
snapshot
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bilk29
a year ago
thank you
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