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EUR/USD breaks major resistance at 1.1340, targets 1.14365

EUR/USD has broken major resistance around 1.1340 and this confirms short term bullishness, a jump till 1.1370/1.14365 is possible. On the downside major support is around 1.12300 and break below targets 1.1200/1.1750. O…

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EUR/USD breaks major resistance at 1.1340, targets 1.14365
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  • EUR/USD has broken major resistance around 1.1340 and this confirms short term bullishness, a jump till 1.1370/1.14365 is possible.

  • On the downside major support is around 1.12300 and break below targets 1.1200/1.1750. Overall bullish invalidation only below 1.1130.

  • The pair's minor support is around 1.1260.

It is good to buy at dips around 1.13100-150 with SL around 1.1260 for the TP of 1.1370/1.1436.

 

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