- BTC/EUR has recovered after making a low of 394. It is currently trading around 416.
- The pair has taken support near trend line 390 and intraday weakness can be seen only below 390
- On the higher side minor resistance is around 426 and break above targets 400/422/441.
- The pair’s major support is around 390 and break below targets 375/350.
- Short term trend reversal only below 370.
It is good to buy at dips around 390 with SL around 370 for the TP of 422/441
The material has been provided by InstaForex Company – www.instaforex.com