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FxWirePro
Sep 23, 2015 9:40 AM

EUR/USD faces resistance at 1.1157,break above targets 1.1240 Long

Euro Fx/U.S. DollarFXCM

Description

EUR/USD has made a low of 1.1107 and slightly recovered from that level. It is currently trading at 1.1222.

The pair’s major intraday resistance is around 1.11570 and any further bullishness can be seen only above that level.

Any break above 1.11570 will take the pair to next level till 1.1185/1.1228/1.1239.

On the downside minor support is around 1.1100 and any break below targets 1.1080/1.1035./1.100.

It is good to buy only above 1.11570 with SL around 1.1100 for the TP of 1.1220/1.1240
Comments
MILAD-FX-26
good luck
MILAD-FX-26
i think for short time buy and long time sell
MILAD-FX-26
hello
thanks for idea
i agree
mk92be20
good analysis
johan.verm
Congrats! Good trade.
karatzification
thank you for sharing.
Josphat89
Agreed :)...Good idea. EU is trading sideways..any break above 1.1157 will confirm the long
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