THE NEXT MAJOR RESISTANCE IS @ 1.14 and then 1.1670.
Bulls @ 1.1050, 1.0950
Bears @ 1.0800
EURUSD: 15-30 min view
Shorter time frame shows signs of pullback being on the way. Its hard to say how deep the pullback will be. Ideally EURUSD should reverse back to the former resistance ' 1.0950 before the up trend continues.
It might range for a while between 1.11 and 1.10. There is another significant support at 1.1050 area.
Bulls should look to enter long positions at @ 1.0950. If the pair continues lower, bears should wait for a break below the former support at 1.08 area. After breaking this significant level, enter short positions on pull back to the resistance at the same level. Targets should be at the former low at 1.05 area.