FxWirePro

EUR/USD : Watch out for 1.07350

Short
FX:EURUSD   Euro / Dollar Américain
23
Major support - 1.073500 (trend line joining 1.04948 and 1.06072)

Major intraday resistance - 1.08200 (4H Kijun-Sen)

EUR/USD formed a temporary at 1.0958 on Mar 27th and continuously declining from that level. The pair breaks major support of 1.07600 (Mar 24th low) and declined till 1.07405. It is currently trading around 1.07549 0.09% lower.

On the lower side, any break below 1.07350 confirms minor weakness , a decline till 1.07000 is possible. Any break below 1.0700 (50% retracement of 1.04948 and 1.09058) will drag the pair till 1.06500/1.0600.

The major resistance is around 1.08200 and any violation above will take the pair to next level till 1.0880/1.0906.

It is good to sell below 1.073500 with SL around 1.07800 for the TP of 1.06060
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.