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- Major resistance- 1.1370
- Major support – 1.12680 (200 HMA).
- The pair has jumped till 1.13549 and broken 1.13000 level. It is currently trading around 1.12952.
- On the lower side, 200 HMA will be acting as major support and any break below targets 1.1224 (100 day MA)/1.1175 (55 day EMA).
- Technically EUR/USD has formed a temporary top around 1.1370 and any bullishness can be seen only above that level. Any violation above 1.1370 will take the pair till 1.1435/1.1450.
It is good to sell below 1.12680 with SL around 1.1311 for the TP of 1.1200/1.1175.
Resistance
R1- 1.1370
R2-1.1435
R3-1.1450
Support
S1-1.1268
S2-1.1200
S3-1.1175
