KENJICHEN

0422-EURUSD Analysis

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FX:EURUSD   欧元/美元

EURUSD
Euro experienced relative huge decline last week and had little bounce to 1.1250 resistance level today.

Due to strong dollar and euro daily chart pattern, euro may in weakness situation this week, if euro can't thrive above 1.1260.

By following previous trend, we better short euro at 1.1250 and target low 1.1230 to 1.1217 in short-term first.

Support: 1.1230 / 1.1217
Resistance: 1.1250 / 1.1280
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