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Short

EUR/USD : Sell below breakout

FX:EURUSD   Euro Fx/U.S. Dollar
496 0 6
Major support -1.1050 (200 day MA and also 1.13% retracement of 1.10865 and 1.13350)

Major resistance – 1.11500

On the higher side major resistance is around 1.1150 and break above targets 1.1200/1.12450.

Any break below 1.1050 confirms minor trend reversal, a decline till 1.100/1.0920 is possible

It is good to sell below 1.1050 with SL around 1.1100 for the TP of 1/1.0920
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