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EUR/USD faces intraday resistance around 1.1157, break above targets 1.1240

EUR/USD has made a low of 1.1107 and slightly recovered from that level. It is currently trading at 1.1222. The pair's major intraday resistance is around 1.11570 and any further bullishness can be seen only above that l…

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EUR/USD faces intraday resistance around 1.1157, break above targets 1.1240
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EUR/USD has made a low of 1.1107 and slightly recovered from that level. It is currently trading at 1.1222.

  • The pair's major intraday resistance is around 1.11570 and any further bullishness can be seen only above that level.
     
  • Any break above 1.11570 will take the pair to next level till 1.1185/1.1228/1.1239.
     
  • On the downside minor support is around 1.1100 and any break below targets 1.1080/1.1035./1.100.

It is good to buy only above 1.11570 with SL around 1.1100 for the TP of 1.1220/1.1240

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