EUR/USD is facing major trend line resistance at 1.12760 ( trend line joining 1.14592 and 1.13180) and break above confirms short term bullishness , a jump till 1.1340/1.1370 is possible .
On the downside major support is around 1.1230 and any break below targets 1.1200/1.11700. Overall trend reversal only below 1.1130 level.
Break below targets 1.1100/1.1080.
It is good to buy only above 1.12760 with SL around 1.1230 for the TP of 1.1340/1.1370/1.1436
Comments
Jack4Rain
⋅
EURUSD is forming a narrow triangle structure. it seems it will continue to finish the 4th and 5th line. isn't it?
beckogva
⋅
The answer will be tomorrow with fomc minutes...I hope we will break it upward...