- EUR/USD breaks trend line resistance 1.1280 which confirms short term weakness decline till 1.115/1.1100 is possible.
- On the higher side any break above 1.1320 would extend gains till 1.1350/1.1385 in short term.
- The pair’s minor support is at 1.1250 and break below will drag the pair further down till 1.1200/1.1178.
It is good to sell on rallies around 1.1280-85 with SL around 1.1320 for the TP of 1.1178/1.1100.
The material has been provided by InstaForex Company – www.instaforex.com