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- Major support - 1.1230 (61.8% retracement of 1.1188 and 1.12970)
- Major resistance - 1.1300 (200 4H MA)
- EUR/USD has gained till 1.12987 yesterday after Fed kept its interest rates on hold. The pair is facing psychological resistance at 1.1300 (200 4 H MA) and is struggling to break above that level.
- Any indicative break above 1.1300 confirms that fall from 1.14160 has ended and a jump till 1.1335/1.378/1.140 is possible.
- On the lower side , below 1.1230 would retest the support at 1.11889 and 1.1150.It should break below 1.1100.
It is good to buy at dips around 1.12650-1.12700 with SL around 1.1230 for the TP of 1.1375/1.1400
