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EUR/USD Trade Idea

  • Major Intraday resistance - 1.0880
     
  • Major support - 1.0820
     
  • The pair has made a high of 1.08771 at the time of writing and slightly retreated from that level. It is currently trading around 1.08698.
     
  • On the higher side any break above 1.0880 will take the pair to next level till 1.0950/1.09850/1.100 in short term.
     
  • Major weakness can be seen below 1.0820 and break below targets 1.0780/1.0720.

It is good to buy above 1.0880 with SL around 1.0820 for the TP of 1.09850/1.100

R1-1.0880

 R2-1.0950

R3-1.09850

Support

S1-1.0820

S2-1.0780

S3-1.0720

 

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