FxWirePro

EUR/USD: Intraday Trade Idea

FX:EURUSD   Euro Fx/U.S. Dollar
502 0 3
Intraday Major resistance - 1.06750

The pair is consolidating between narrow range 1.0600 and 1.0656. It is currently trading around 1.06330.

Any break above 1.06750 will confirms minor bullishness , a jump till 1.0720 is possible .

Break of 1.0720 will take the pair further till 1.0770/1.0800.

Overall bearish invalidation only above 1.0830.

On the downside major support is around 1.0580 (trend line joining 1.06731 and 1.06168) and break below confirms major trend reversal a decline till 1.0500 is possible .

It is good to sell below 1.0585 with SL around 1.0625 for the TP of 1.0500

or Buy above 1.0675 with SL around 1.0645 for the TP of 1.0720

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out