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- RES 4: 1.1035 (Apr 6th high)
- RES 3: 1.1000
- RES 2: 1.0886 (8th Apr high)
- RES 1: 1.0750 (15th high)
PRICE: 1.0736 @ 11:51 GMT
- SUP 1: 1.0673 (20 day HMA)
- SUP 2: 1.0610 (Cloud bottom)
- SUP 3: 1.0550
- SUP 4:1.0460 (Mar 13th low)
Commentary:
EUR/USD has slight recovered till 1.0745 after making a low of 1.0525. Overall trend is bullish as long as support 1.0610 holds.
On the upside minor resistance is around 1.0750 and break above would extend gains till 1.0881/1.100. Buy around 1.0700 stop around 1.0600 with target of 1.0881/1.100.
