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EUR/USD breaks major resistance 1.11500, targets 1.1270

Major resistance -1.11500 (Feb 3rd High) The pair has broken major resistance 1.11500 which confirms minor trend reversal , a jump till 1.1180/1.1245/1.1270 is possible . On the lower side major weakness can be seen only…

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EUR/USD breaks major resistance 1.11500, targets 1.1270
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  • Major resistance -1.11500 (Feb 3rd High)

  • The pair has broken major resistance 1.11500 which confirms minor trend reversal , a jump till 1.1180/1.1245/1.1270 is possible .

  • On the lower side major weakness can be seen only below 1.10500.

  • Any beak below targets 1.1000/1.0920. The minor support is around  1.1100.

It is good to buy at dips around 1.1145-1150 with SL around 1.1100 for the TP of 1.1240/1.1270  

 

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