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- RES 3: 1.13855 (Jun 10th high)
- RES 3: 1.1320 (61.8% retracement of 1.1435 and 1.11339)
- RES 2: 1.1280 (200 day H EMA)
- RES 1: 1.12350 (Jun 24th high)
PRICE: 1.12015 @ 11:06 GMT
- SUP 1: 1.1200 (Jun 17th low)
- SUP: 2.11780 (Jun 15th low)
- SUP 3: 1.1100
- SUP 4: 1.1042 (Jun 5th low)
Commentary:
EUR/USD is trading in narrow range between 1.1235-1.1150 for the past two trading session.
On the downside minor support is around 1.1150 and any break below will drag the pair further down till 1.1100/1.1070 level.
It is good to sell on rallies around 1.1250-60 with SL around 1.1320 for the TP of 1.1100.
