EUR/USD struggles to break 1.1218, decline till 1.0925 is possible
EUR/USD is facing strong resistance around 1.2180 and not able to break that level. It has made a high of 1.2120 and started retreating from that level. The pair's major intraday support is around 1.10790 (Aug 13th low) …
EUR/USD is facing strong resistance around 1.2180 and not able to break that level. It has made a high of 1.2120 and started retreating from that level.
The pair's major intraday support is around 1.10790 (Aug 13th low) and any break below will take the pair further down till 1.1000/1.0950/1.0920.
Minor resistance are at 1.1120 and break above targets 1.1150/1.11780.
Bearish invalidation only above 1.1218.
It is good to sell on rallies around 1.1080-85 with SL around 1.1150 for the TP of 1.095/1.0920