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Add as a preferred source on Google
EUR/USD has made a high of 1.08290 on Thursday and retreated from that level. It is currently trading around 1.07287.
- Overall trend is still weak as long as resistance 1.0830 holds.
- The pair's major support is around 1.0660 and break below targets 1.0600
- On the higher side major resistance is around 1.0830 and any break above targets 1.0900/1. pair's overall bullishness only above 1.0900.
- The minor resistance is around 1.0770 and break above targets 1.0800/1.08280.
It is good to sell on rallies around 1.0770 with SL around 1.0830 for the TP of 1.0660/1.0600.
Resistance
R1-1.0770
R2-1.0830
R3- 1.0900
Support
S1- 1.0660
S2-1.0600
S3-1.0540
