EUR/USD breaks major support 1.1100, targets 1.1055/1.100

EUR/USD breaks major support 1.1100, targets 1.1055/1.100


EUR/USD has broken 1.1130 and declined till 1.11016 in the early Europen session. Further weakness will be confirmed if it breaks below 1.1100 and break below will drag the pair further down till 1.1055/1.100.

Minor resistance is around 1.1140 and break above would extend gains till 1.1178/1.1245.

It is good to sell EUR/USD around 1.1105 with SL around 1.1140 for the TP of 1.1055/1.100

Source:: EUR/USD breaks major support 1.1100, targets 1.1055/1.100

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