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- RES 4:1.14656 (May 15th high)
- RES 3: 1.14450 (May 14th high)
- RES 2: 1.13855 (Jun 10th high)
- RES 1: 1.1362 (20 day HMA)
PRICE: 1.1343 @ 11:53 GMT
- SUP 1: 1.1292 (200 day HMA)
- SUP 2: 1.1200 (Jun 17th low)
- SUP: 1.11780 (Jun 15th low)
- SUP 4: 1.1100
Commentary:
EUR/USD pared it s gains after making a high of 1.14025 and is currently trading at 1.1355. Ovcerall trend is bullish as long as support 1.1280 holds.
On the downside minor support is around 1.1280 and any break below will drag the pair further down till 1.1200/1.1178 level.
It is good to buy at dips around 1.1330 with SL around 1.1280 for the TP of 1.14350/1.1465.
