EUR/USD breaks major resistance at 1.0660, jump till 1.0820 likely
Major resistance- 1.0660 (Nov 22nd high) Minor support – 1.0580 The pair has jumped sharply from the low of 1.05180 made yesterday. It has broken minor pschycological resistance 1.0600 and jumped till 1.06855 at the time…
The pair has jumped sharply from the low of 1.05180 made yesterday. It has broken minor pschycological resistance 1.0600 and jumped till 1.06855 at the time of writing. It is currently trading around 1.06500.
Any violation above 1.0660 will take the pair to next level till 1.07450/1.0820 level.
On the lower side, any break below 1.05800 will drag the pair down till 1.0550/1.05180. Further weakness can be seen below 1.05180.
It is good to buy on dips around 1.06500 with SL around 1.05800 for the TP of 1.0745/1.08195
