EUR/USD trades below major support 1.1200,targets 1.1100/1.107
EUR/USD has slightly recovered till 1.12100 in Asian session after making a low of 1.11338.Short term trend is weak as long as resistance 1.1225 holds.
Any break above 1.1225 would extend gains till 1.1250/1.1290.
On the downside minor support is around 1.11780 and break below targets 1.1100/1.1070.
It is good to sell on rallies around 1.11960-980 with SL around 1.1225 for the TP of 1.1100/1.1070
Any break above 1.1225 would extend gains till 1.1250/1.1290.
On the downside minor support is around 1.11780 and break below targets 1.1100/1.1070.
It is good to sell on rallies around 1.11960-980 with SL around 1.1225 for the TP of 1.1100/1.1070