- RES 4: 0.7580 (Feb 3rd high)
- RES 3:0.7520
- RES 2: 0.7480 (May 5th 2015)
- RES 1: 0.7450 (Oct 2nd 2015)
PRICE: 0.7419 @ 12:06 GMT
- SUP 1: 0.7414 (Kijun-Sen)
- SUP 2: 0.7378 ( cloud top)
- SUP 3: 0.7340 (200 day 4 HMA)
- SUP 4: 0.7300 (Sep 25th 2015)
EUR/GBP has made a high of 0.7490 and started to retreat from that level. Overall trend is still bullish as long as support 0.7380 holds
Any break below 0.7380 will target 0.7340/0.7300
On the higher side minor resistance is around 0.7450 and any break above would extend gains till 0.7480/0.7520.
It is good to buy at dips around 0.7380 with SL around 0.7340 for the TP of 0.748/0.7520.
