EUR/USD Holding Above 1.1210
Jason Sen | Sep 26, 2016 01:33AM ET
EUR/USD holding above 1.1210/1.1215 targets last week's high at 1.1252/57 then resistance at 1.1270/80. On further gains we test 3 month trend line resistance at 1.1320/30.
Failure to hold above 1.1210 targets first support at 1.1155/50. Further losses target 1.1125/20, 1.1070/65 & perhaps as far as August lows at 1.1048/43. Good support from here down to the 3 month trend line at 1.1040/35 could hold the downside this week.
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