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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: 1.1355 (20 day HMA)
PRICE: 1.13046 @ 11:25 GMT
- SUP 1: 1.1282 (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 1.14350and any further bullishness can be seen only above 1.1450 level.
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.
Overall trend reversal only above 1.1450 level.
It is good to sell on rallies around 1.1380 with SL around 1.1450 for the TP of 1.1200/1.1178.
