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EUR/USD breaks major resistance 1.1460, targets 1.1620

EUR/USD has broken major resistance 1.1460 and this confirms major trend reversal, a jump till 1.1560/1.1620/1.1700 is possible . Overall trend is bullish as long as support 1.1400 holds. Any break below 1.1400 will drag…

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EUR/USD breaks major resistance 1.1460, targets 1.1620
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  • EUR/USD has broken major resistance 1.1460 and this confirms major trend reversal, a jump till 1.1560/1.1620/1.1700 is possible .

  • Overall trend is bullish as long as support 1.1400 holds.

  • Any break below 1.1400 will drag the pair further down till 1.1350/1. minor support is around 1.1430.

It is Good to buy around 1.1460-65 with SL around 1.13980 for TP of 1.1560/1.1620/1.1700

 

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