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FxWirePro: BTC/EUR faces support around 375, good to buy at dips

BTC/EUR has broken trend line resistance 390 and jumped till 424.96 . It is currently trading around 398.75. Short term trend is still bullish as long as support 375 holds. On the higher side minor resistance is around 4…

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FxWirePro: BTC/EUR faces support around 375, good to buy at dips
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  • BTC/EUR has broken trend line resistance 390 and jumped till 424.96 . It is currently trading around 398.75. Short term trend is still bullish as long as support 375 holds.
     
  • On the higher side minor resistance is around 425 and break above targets 400/422/441.
     
  • The pair's major support is around 375 and break below targets 365/357.
     
  • Short term trend reversal only below 350.

It is good to buy at dips around 390 with SL around 375 for the TP of 422/441      

 

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