EUR/USD: 1st Resistance At 1.1270/80
Jason Sen | Sep 27, 2016 02:11AM ET
EUR/USD first support at 1.1240 is very minor & further losses target 1.1220 then support at 1.1210/00. This is the best chance of a low for the day but longs need stops below 1.1180.
First resistance at 1.1270/80 again today. On further gains we test 3 month trend line resistance at 1.1310/20 & the only area worth trying shorts. Stop above 1.1345 & a break higher is a buy signal. A break above August highs 1.1362 is an added buy signal.
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