FxWirePro
Short

EUR/USD faces minor resistance at 1.158,good to sell on rallies

FX:EURUSD   Euro Fx/U.S. Dollar
695 4 12
EURUSD             has made a low of 1.1395 and recovered till 1.15598 level. Overall trend is till weak as long as resistance 1.1580 holds.

It has formed a temporary top around 1.1712 and any further bullishness only above that level. Break above 1.1712 targets 1.1800.

The pair'minor resistance is around 1.1580 .Any break above 1.1580 would extend gains till 1.1620/1.1700.

It is good to sell on rallies around 1.1525-30 with SL around 1.1580 for the TP of 1.1400/1.1360
Warden
a year ago
I think it may go a double top
and then go down
Reply
nice job sir, that in line with my chart. I very appreciate your hard work. Thank You anyway
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FxWirePro suprijadisoemoredjo
a year ago
thank you
Reply
Josphat89
a year ago
Agreed with your analysis sir.. let us see how it plays out. GL :)
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