EURUSD struggles to close above 1.1400, targets 1.1200
EUR/USD has made a low of 1.1290 and slightly recovered from that level. Intraday trend is still weak as long as resistance 1.3670 holds.
The pair’s major support is around 1.1280 (61.8% retracement of 1.1016 and 1.1712) and any break below targets 1.1240/1.1200.
On the higher side any break above 1.1370 would extend gains till 1.1400/1.14365.
Intraday bearish invalidation above 1.14365.
It is good to sell on rallies around 1.13200-250 with SL around 1.1370 for the TP of 1.1240/1.1200
The pair’s major support is around 1.1280 (61.8% retracement of 1.1016 and 1.1712) and any break below targets 1.1240/1.1200.
On the higher side any break above 1.1370 would extend gains till 1.1400/1.14365.
Intraday bearish invalidation above 1.14365.
It is good to sell on rallies around 1.13200-250 with SL around 1.1370 for the TP of 1.1240/1.1200
