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EUR/USD breaks major resistance 1.11500, targets 1.1270

Thursday, February 4, 2016 9:30 AM UTC

Major resistance -1.11500 (Feb 3^rd High)
The pair has broken major resistance 1.11500 which confirms minor trend reversal , a jump till 1.1180/1.1245/1.1270 is possible .
On the lower side major weakness can be seen only below 1.10500.
Any beak below targets 1.1000/1.0920. The minor support is around 1.1100.

It is good to buy at dips around 1.1145-1150 with SL around 1.1100 for the TP of 1.1240/1.1270

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EUR/USD breaks major resistance 1.11500, targets 1.1270

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