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FxWirePro: EUR/USD breaks major ressitance at 1.1384, jump till 1.1450 is possible

The EUR/USD has rebounded strongly from 1.1340 level and broke the resistance level at 1.1387 and trading at the level of 1.1404.Major support is seen at 1.12670, a break below at this level will expose the pair to 1.235…

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The EUR/USD has  rebounded strongly from 1.1340 level and broke the resistance level at 1.1387  and trading at the level of 1.1404.

Major support is seen at 1.12670, a break below at this level will expose the pair to 1.2350.

Recommendation: Good to buy at dips around 1.1380 with Targets 1.1455, 1.14100 SL 1.1320

Resistance Levels

R1: 1.13840
R2: 1.14180
R3: 1.14650

Support Levels
 
S1: 1.13240
S2: 1.12900
S3: 1.12670

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