EUR/USD has broken trend line resistance (trend line joining 1.13288 and 1.12132) and this confirms intraday bullishness , a jump till 1.1320 cannot be ruled out .
On the lower side major support is around 1.1150 and any intraday weakness can be seen only below that level. Break below 1.1150will drag the pair further down till 1.1100/1.1085.
The pair’s major resistance is around 1.1270 and break above targets 1.1300/1.1330.
The minor resistance is around 1.1240.
It is good to buy at dips around 1.1205-.1208 with SL around 1.1150 for the TP of 1.1300/1.1325
Comments
ZuluZuni
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Thank you for precise data and bringing attention on this trade, i just made a short on 1.126 after hitting resistance at 1.12960 :-)