FxWirePro
Long

EUR/USD breaks 1.10350, uptrend till 1.120 is expected

FX:EURUSD   Euro / U.S. Dollar
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RES 4: 1.12

RES 3: 1.0862

RES 2: 1.1069 (200 day 4HMA)

RES 1: 1.10360 (Mar 18th high)

PRICE: 1.1033 @9:55 GMT

SUP 1: 1.0948 (20 day 4HMA)

SUP 2: 1.0880

SUP 3:1.0750 (Mar 19th low)

SUP 4: 1.0600

Commentary:

EUR/USD has broken major resistance 1.10350 and this confirms short term bullishness a jump till 1.1200 cannot be ruled out.
Intraday weakness can be seen only if closes below 1.0940. Traders can hold their long position with stop around 1.0940 . It is good to buy at dips around 1.10250 for the target of 1.1200.


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