TradingView
FxWirePro
Jul 22, 2015 9:08 AM

EUR/USD trades in narrow range , good to buy at dips  Long

Euro Fx/U.S. DollarFXCM

Description

EUR/USD is trading in within narrow channel in Asian session. It is trading between 1.09655 and 1.09235.

On the lower side short term support is around 1.09200 and any break below will target 1.08865/1.0850.

Short term trend reversal only below 1.0800 level.

The pair is facing intraday resistance around 1.0970 and break above would extend gains till 1.100/1.1035.

It is good to buy at dips around 1.09220 with SL around 1.08850 for the TP of 1.100/1.1035
Comments
nixdem
Do you think it could reach a monthly support at 1.0865?
More