FxWirePro
Long

EUR/USD Trade Idea

FX:EURUSD   Euro Fx/U.S. Dollar
458 0 2
•RES4:1.15336 (Feb 3rd high)

•RES3: 1.1450 (Feb 19th high)

•RES2: 1.1352 (161.8% retracement of 1.10345 and 1.05192)

•RES 1:1.12477 (Apr 30th High)


PRICE: 1.1252@ 10:38 GMT

•SUP4: 1.1180

•SUP3: 1.1177 (Tenken-Sen)

•SUP 2: 1.1092 (20 day 4HMA)

•SUP 3: 1.107 (Trend line resistance turned into Support)

Commentary:
EUR/USD             has broken major resistance 1.1245 and this confirms short term bullishness, a jump till 1.1530 cannot be ruled out. Intraday trend reversal can happen only below 1.1180.

Any break below 1.1180 will take the pair down till 1.1177/1.090.Overall trend reversal only below 1.107.

It is good to buy around 1.1250 with stop around 1.1180 for the target of 1.1530.






Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out