EURUSD struggles to close above 1.1400, targets 1.1200

FX:EURUSD   Euro / U.S. Dollar
1051 7 15
EUR/USD             has made a low of 1.1290 and slightly recovered from that level. Intraday trend is still weak as long as resistance 1.3670 holds.

The pair’s major support is around 1.1280 ( 61.8% retracement of 1.1016 and 1.1712) and any break below targets 1.1240/1.1200.

On the higher side any break above 1.1370 would extend gains till 1.1400/1.14365.

Intraday bearish invalidation above 1.14365.

It is good to sell on rallies around 1.13200-250 with SL around 1.1370 for the TP of 1.1240/1.1200
Great analysis, very similar to mine. I assume declines in around 1,1180-1,1215
Nice forecast.
Visit my idea.
i see 1290 last night.
I agree - its back to the old range, however the rage could have shifted up a bit...
thx for your view... These days we have seen an overshooting market. The Pair seemed to beat it s strong resistance Zone but this Zone between 1,139-1,15 could not be conquered sustainably at the Moment.
The Zone turned again into a big resistance Zone.
Prices below that Level turn the Chart again bearish! A possible target at the downside could be the Grey "3" at 1,125
Only Prices above 1,15 will lighten the Chart and generate the TP @ 1,175

let's make box of profit till 1.1250, thanks anyway
Another short from yesterdays. Targets even lover to 1.120. Thanks :)
maybe it is 1.1320
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