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Potential Reversal Zone (PRZ) -1.14365
- EUR/USD has made a high of 1.14109 today and declined from that level. It is currently trading at 1. trend is still weak as long as resistance 1.14365 holds.
- Any break above 1.14365 will take the pair till 1.1470/1.1500 level.
- On the downside major support is around 1.13250 and break below will drag the pair down till 1.1260/1.1200.
It is good to sell on rallies around 1.1380-85 with SL around 1.14365 for TP of 1.1260
