- Minor Trend Line resistance- 1.12200 (Trend line joining 1.13484 and 1.12924)
- Major intraday resistance – 1.12350 (55 day HMA)
- EUR/USD ahs broken minor trend Line resistance 1.12200 and jumped till 1.12276. It is currently trading around 1.12141.
- Major resistance is around 1.1235 (55 day H EMA) and break above confirms minor bullishness, a jump till 1.12850/1.13250 is possible.
- On the lower side major support is around 1.11900 and any break below targets 1.11500/1.1100.
It is good to buy above 1.12350 with SL around 1.1190 for the TP of 1.1285/1.13250
The material has been provided by InstaForex Company – www.instaforex.com