FxWirePro
Long

EUR/USD is trading above major support 1.0880, uptrend till 1.10

FX:EURUSD   Euro Fx/U.S. Dollar
463 0 4
RES 4: 1.12

RES 3: 1.0862

RES 2: 1.1069 (200 day 4HMA)

RES 1: 1.10360 (Mar 18th high)

PRICE: 1.09872 (11:55 GMT             )

SUP 1: 1.0880

SUP 2: 1.0749 (Tenken-Sen)

SUP 3:1.0610 (Mar 19th low)

SUP 4: 1.0500

Commentary:

EUR/USD             has retreated after making a high of 1.10281 . Overall bearish invalidation can happen only above 1.10360. Any break above will take the pair till 1.120 in short term.
Intraday weakness can be seen only if closes below 1.0880. Traders can hold their long position with stop around 1.0880 . It is good to buy at dips around 1.09500 for the target of 1.10350.
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