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- Major resistance- 1.1420 (Jun 9th high)
- Major support – 1.1300
- EUR/USD breaks above 1.1400 handle and jumped till 1.4022 at the time of writing. It is currently trading around 1.13925.
- Short term bullishness can happen only if it breaks above 1.1420 (Jun 9th high) and any break above 1.1420 will take the pair to next level 1.1466 (Apr 12th high)/1.1505/1.1617 (May 3rd high).
- On the lower side, major support is 1.310 (21 4H MA) and break below targets 1.1235 (Jun 21st low)/1.1200/1.1130 (Jun16th low).
It is good to buy above 1.1420 with SL around 1.1300 for the TP of 1.1505/1.1617
