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EUR/USD closes above Ichimoku cloud (4 Hour chart), marching towards 1.1035

  • RES 4: 1.1097 (200 day 4HMA)

  • RES 3: 1.1035

  • RES 2: 1.0925 (Mar 19th high)  

  • RES 1: 1.0883 (Mar 23rd high)
     
     PRICE: 1.08605 @ 11:03 GMT 

  • SUP 1: 1.0793 (Cloud bottom)

  • SUP 2: 1.0699

  • SUP 3: 1.0650

  • SUP 4: 1.0600

EUR/USD has broken intraday resistance around 1.0750 and went up to 1. trend is bullish as long as support 1.0699 holds. It is expected to reach till 1.1030 in short term.

The pair's minor support is around 1.0699 and below it can reach 1.0650/1.0600. Short term bullish invalidation can happen only below 1.0600.

 

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