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FxWirePro
Nov 5, 2015 3:40 AM

EUR/USD faces resistance at 1.08750,break above targets 1.09360 Long

Euro Fx/U.S. DollarFXCM

Description

EUR/USD is facing minor trend line resistance around 1.08750 and break above will take the pair slightly up till 1.08980. But very short term bullishness can take place only above 1.0900.

Any break above 1.0900 will take the pair to 1.09360/1.0950/1.09700.

On the downside major support is around 1.0840 and break below targets 1.0800/1.0760.

Short term bearish invalidation only above 1.1000.

For intraday it is good to buy above 1.08750 with SL around 1.0840 for the TP of 1.0900/1.09360/1.0950
Comments
Mian_Hidayatullah
So What We do now ....? Where goes to market and what should we choice now ?? like buy OR sell.

Thank YOu
sathish_jaganathan
good idea
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