FxWirePro
Short

EUR/USDTechnicals

FX:EURUSD   Euro / U.S. Dollar
660 0 3
•RES 4: 1.10509 (Mar 26th high)

•RES 3: 1.1035 ( Apr             6th             high)

• RES 2: 1.0940 (200 day 4HMA)

• RES 1: 1.0872 (55 day 4 HEMA)

PRICE: 1.08732 @ 11:28 GMT            

•SUP 1: 1.0830 (Cloud bottom)

•SUP 2: 1.0720 (Mar 31st low)

•SUP 3: 1.0680 ( 61.8% retracement of 1.04613 and 1.10509)

•SUP 4:1.0610 (Mar 19th low)

Commentary:
EUR/USD             is trading well below 200 day 4HMA and this confirms intraday weakness decline till 1.0600 is possible.

On the upside minor resistance is around 1.08720 and break above would extend gains till 1.0940. Sell around 1.0875 stop around 1.0950 with target of 1.0600.



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