FxWirePro
Short

EUR/USD faces resistance around 1.1250, good to sell on rallies

FX:EURUSD   Euro Fx/U.S. Dollar
611 0 7
EUR/USD             is trading in narrow range around 1.1245 and 1.11526 for the past two trading session .

Overall trend is still weak as long as resistance 1.1250 holds. Any break above 1.1250 will take the pair to next target 1.1280/1.1330
.
On the downside major support is around 1.11500 and decline till 1.1085/1.1035 is possible if it breaks below that level.

The minor support is around 1.11780.

It is good to sell on rallies around 1.1215 with SL around 1.1255 for the TP of 1.11200/1.1085
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