EUR/USD breaks 200 day HMA, decline till 1.080 is possible
EUR/USD has broken short term support 1.1000 (200 day 240 4 HMA) and this confirms short term weakness, decline till 1.0800 cannot be ruled out.
On the upside 1.1025 will be acting as minor resistance for the intraday and any break above would extend gains till 1.1035/1.1060 in short term.
It is good to sell around 1.09690-720 with stop around 1.1025 for the target of 1.080.
On the upside 1.1025 will be acting as minor resistance for the intraday and any break above would extend gains till 1.1035/1.1060 in short term.
It is good to sell around 1.09690-720 with stop around 1.1025 for the target of 1.080.
