EUR/USD has broken major BIG W pattern resistance 1.2180 and jumped till 1.12775. It will be facing short resistance around 1.12780 and any break above targets 1.13480/1.1430 in short term.
The pair's short term support is around 1.1215 (resistance turned into support) and break below targets 1.1178/1.1150/1.1100 in short term.
It has trading within the range of 1.1212 and 1.1016 for the past one week and convincingly broken the high of 1.1212 and this confirms short term bullishness , a jump till 1.1465 is possible .
Overall Bullish invalidation only below 1.1000
Short term bullish invalidation only below 1.1100
It is good to buy at dips 1.1237 with SL around 1.1178 for the TP of 1.1350/1.1435
The pair's short term support is around 1.1215 (resistance turned into support) and break below targets 1.1178/1.1150/1.1100 in short term.
It has trading within the range of 1.1212 and 1.1016 for the past one week and convincingly broken the high of 1.1212 and this confirms short term bullishness , a jump till 1.1465 is possible .
Overall Bullish invalidation only below 1.1000
Short term bullish invalidation only below 1.1100
It is good to buy at dips 1.1237 with SL around 1.1178 for the TP of 1.1350/1.1435
