EUR/USD breaks major support 1.1320, targets 1.1180
Major Support -1.13200 Major intraday resistance - 1.1400 EUR/USD has jumped till 1.1465 yesterday new 2016 high but failed to sustain at higher levels. It has started to decline from that level. The pair is currently tr…
EUR/USD has jumped till 1.1465 yesterday new 2016 high but failed to sustain at higher levels. It has started to decline from that level. The pair is currently trading around 1.13180.
The pair has broken major support 1.1320 which confirms minor trend reversal , decline till 1.1200/1.1180 is possible .
Minor bullishness can be seen only above 1.1400 and break above targets 1.14380/1.1460.
In the data space US will release retail sales and PPI today at 12:30 GMT .
It is good to sell on rallies around 1.1325-1.1330 with SL around 1.1400 for the TP of 1.1180
