The primary trend of EUR/USD is on charts and price is trading above the in its . In 4 hourly chart the price is sustaining above 200 day and taking support of 50 day indicating uptrend of the pair. It is having an important resistance at the level of 1.12750 and support at the level of 1.12232. If it breaks its on the upside and sustains above it then we can expect it to show further movement in the pair.
RECOMMENDATION BUY TARGET 1.12750
The Major trend of Euro it is showing strength for buying If it crosses the then one can initiate buying position in the pair . If it crosses the level of 1.12689 then it can test level for the target of 1.13000 with second target at 1.1430 with the stop loss 1.1175.
Euro is trading in a range and trading near the . Breaking the support line will lead to upside movement. Eur is trading above the 50 DMA with a negative bias.
is trading near to 65 levels with a positive bias, in upcoming session upside movement is expected.
and Signal line is sustained above the zero level line.