EUR/USD -61.8% retracement and 21 4H EMA

FX:EURUSD   Euro / U.S. Dollar
359 0
Major Intraday Support – 1.12279 ( 61.8% retracement of 1.1130 and 1.13825)

Major Intraday resistance- 1.1284 (21 4H EMA )

The pair has taken support near 61.8% retracement and started to jump from that level. It is currently trading around 1.12710.

EUR/USD should break above 1.1284 for further intraday bullishness. Any violation above 1.1284 will take the pair till 1.13265 (61.8 % retracement of 1.13825 and 1.12365)/1.13495/1.13825.

On the lower side, any break below 1.12275 will drag the pair down till 1.1200/1.1180/1.1130.

It is good to buy above 1.2840 with SL around 1.12275 for the TP of 1.13495/1.13825
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