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FxWirePro: BTC/EUR faces strong resistance around $363, good to buy at dips

BTC/EUR has broken major resistance 348 and jumped till 361 level. It is currently trading around 358 level. On the higher side major resistance is around 363 (Jul 2015 high) and break above targets 382/391. Any break be…

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FxWirePro: BTC/EUR faces strong resistance around $363, good to buy at dips
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  • BTC/EUR has broken major resistance 348 and jumped till 361 level.  It is currently trading around 358 level.

  • On the higher side major resistance is around 363 (Jul 2015 high) and break above targets 382/391.

  • Any break below 340 will drag the pair down till 332/320.

  • Short term bullish invalidation only below 340.

It is good to buy on dips around 350 with SL around 339 for the TP of 370/382.     

 

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