EURUSD faces strong support around 1.108,good to sell on rallies

FX:EURUSD   Euro / U.S. Dollar
1231 2 12
EUR/USD             has made a low of 1.1090 and recovered till 1.1174. It is currently trading at 1.11360.

The pair’s intraday resistance is around 1.1178 and break above will take the pair to next target at 1.1230/1.1270 in short term.

On the lower side major support is around 1.1080 and break below will drag the pair further down till 1.1040/1.1000.

The pair’s minor support is around 1.1110.

It is good to sell on rallies around 1.1175-80 with SL around 1.1230 for the TP of 1.1090/1.1045
I also agree that it will recover or at least go flat for now... on my monitor it stopped falling on weekly basis (against 120-h mean)

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out