FxWirePro:EUR/USD faces strong resistance at 1.06800, good to sell on rallies

• Major resistance – 1.0687 (Jan 12th high).
   
• Major support – 1.04500.
   
• EUR/USD trimmed it s gains after reaching till 1.06800 on account of Theresa May key speech on Brexit tomorrow.
   
• Theresa May said in the recent interview that control over immigration and national sovereignty has higher priority list than access to EU single market.
   
• On the higher side , the pair should break above 1.06800 for further bullishness till 1.0798 (Dec 5th high)/1.08730 ( Dec 8th high). 
   
• The major support is around 200- HMA at 1.05600 and any violation below will drag the pair down till 1.0518 (20- day SMA)/1.04800/1.04500 (Jan 11th low).

It is good to sell on rallies around 1.0600 with SL around 1.0660 for the TP of 1.05180/1.04540.