FxWirePro
Short

EUR/USD breaks 1.0749 (cloud bottom),dip till 1.0600 is possible

FX:EURUSD   Euro Fx/U.S. Dollar
593 2 4
•RES 4: 1.1016 (200 day 4HMA)

•RES 3: 1.0950

• RES 2: 1.0864 (20 day 4HMA)

• RES 1: 1.0797 (Tenken-Sen)

PRICE: 1.07430 @ 11:46 GMT            

•SUP 1: 1.0720

•SUP 2: 1.0650

•SUP 3:1.0600

•SUP 4: 1.0550

Commentary:

EUR/USD             is trading well below 200 day 4HMA and this confirms intraday weakness decline till 1.0600 is possible.

On the upside minor resistance is around 1.0864 and intraday bullishness can be seen only above that level.

Sell around 1.08000 stop around 1.0864 with target of 1.0600