EUR/USD Minor Support At 1.1370
Jason Sen | Apr 05, 2016 03:39AM ET
EUR/USD minor support at 1.1370/60, but better support again at 1.1330/25 is the most important of the day. Longs need stops below 1.1315 with further losses to target a buying opportunity at 1.1295/90. Longs need stops below 1.1270.
Minor resistance at 1.1400/10 held almost perfectly yesterday, but above here re-targets last week's high at 1.1434/37. If we continue higher in the bull trend as is likely this week, look for 1.1455/60 then important October highs at 1.1490/95. Just be aware that a break above 1.1515/20 signals further gains targeting 1.1550/60.
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