EUR/USD retreats from high of 1.1275, weakness only below 1.1150
EUR/USD has retreated from the yesterday's high of 1.1270 till 1.11540 today. Intraday trend reversal can happen only below this level.
Break below 1.1150 will drag the pair further down till 1.1100/1.1060 level.
on the upside intraday resistance is around 1.1180 and break above would extend gains till 1.1240/1.1275 in short term.
It is good to buy around 1.11720-750 with SL around 1.1148 for the TP of 1.1240/1.1270
Break below 1.1150 will drag the pair further down till 1.1100/1.1060 level.
on the upside intraday resistance is around 1.1180 and break above would extend gains till 1.1240/1.1275 in short term.
It is good to buy around 1.11720-750 with SL around 1.1148 for the TP of 1.1240/1.1270