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- RES 4: 1.100
- RES 3: 1.0980 (cloud bottom)
- RES 2: 1.0930 (Cloud top)
- RES 1:1.0885 (7 day HMA)
PRICE: 1.08556 @ 12:18 GMT
- SUP 1 :1.0850
- SUP 2: 1.06580 (Apr 21st low)
- SUP 3: 1.05482 (Apr 13th low)
- Sup 4: 1.0460 (Mar 13th low)
Commentary:
EUR/USD is struggling to break above 1.0930 and this confirms short term weakness, a decline till 1.0800/1.0660 cannot be ruled out .
It is good to sell on rallies around 1.0890 with stop around 1.0930 for the target of 1.0800/1.0660.
