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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 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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