EUR/USD, brake true the 1.1300!

eur-usd 07.05.

Euro manage to brake true the Daily MA100 (1.1262) and resistance at 1.1280/300! The pair opened a new day above the 23.6 fibo and aiming to the next target to 1.1450/530. On the way down, previous resistance at 1.1280/300 could provide a solid support now, on the way up, first resistance lies at 1.1380/90, just above the yesterdays high of 1.1369. Bulls have taken over the game in the last two days. We have US Initial Jobless claims today, Nonfarm Payrolls on Friday, it would be interesting here, there is no doubt about that!


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  • lalith prasanna



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