EUR/USD breaks trend line resistance at 1.1195, targets 1.1330
EUR/USD has broken trend line resistance (trend line joining 1.13288 and 1.12132) and this confirms intraday bullishness , a jump till 1.1320 cannot be ruled out .
On the lower side major support is around 1.1150 and any intraday weakness can be seen only below that level. Break below 1.1150will drag the pair further down till 1.1100/1.1085.
The pair’s major resistance is around 1.1270 and break above targets 1.1300/1.1330.
The minor resistance is around 1.1240.
It is good to buy at dips around 1.1205-.1208 with SL around 1.1150 for the TP of 1.1300/1.1325
On the lower side major support is around 1.1150 and any intraday weakness can be seen only below that level. Break below 1.1150will drag the pair further down till 1.1100/1.1085.
The pair’s major resistance is around 1.1270 and break above targets 1.1300/1.1330.
The minor resistance is around 1.1240.
It is good to buy at dips around 1.1205-.1208 with SL around 1.1150 for the TP of 1.1300/1.1325
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