Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

EUR/USD breaks minor resistance 1.105, targets 1.1100/1.1138

  • EUR/USD has broken major resistance 1.1050 and this confirms intraday bullishness , a jump till 1.110  is possible .

  • But further bullishness can be seen above this 1.1100 level. On break above 1.1100 will take the pair till 1.11385/1.1178.

  • On the lower side slight weakness can be seen below 1.09800 and below that a decline till 1.09500/1.09000 cannot be ruled out minor support is around 1.1020 level. 


It is good to buy at dips around 1.1045-500 with SL around 1.1020 for the TP of 1.1095/1.1138

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.