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- EUR/USD trades in narrow range between 1.1370-1.12588 for the past three trading session.
- Any further break out can be seen only after US Fed meeting which is to be held on Sep 16th.
- On the downside EUR/USD is facing support around 1.1250 and any break below will drag the pair till 1.1200/1.11500.
- Short term Bullish invalidation only below 1.1150.
- The pair's resistance is around 1.1330 and indicative break above will take the pair till 1.1375/1.14365.
- Major short term resistance is 1.14365 and break above confirms short term bullishness , a jump till 1.1500/1.1560 cannot be ruled out.
It is good to buy at dips around 1.1255 with SL around 1.1150 for the TP of 1.1436/1.156
