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EUR/USD breaks major resistance 1.1130, targets 1.1300

Major resistance - 1.1130 Major support 1.10500 EUR/USD has broken major resistance 1.1130 and jumped till 1.11710 at the time of writing . Short term trend is bullish as long as support 1.1050 holds. On the higher side …

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EUR/USD breaks major resistance 1.1130, targets 1.1300
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  • Major resistance - 1.1130 
     
  • Major support 1.10500
     
  • EUR/USD has broken major resistance 1.1130 and jumped till 1.11710 at the time of writing . Short term trend is bullish as long as support 1.1050 holds.
     
  • On the higher side major resistance is around 1.1218 and any break above targets  1.1250/1.1300/1.13800 level.
     
  • The pair's minor support is around 1.1100 and break below targets 1.1050/1.1000.
     
  • Overall bullish invalidation only below 1.10820 level.

It is good to buy at dips around 1.1160-1.1165 with SL around 1.1100 for the TP of 1.1245/1.1300 

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