EUR/USD Trade idea

• 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