EUR/USD faces strong support near two month low, targets 1.1035
EUR/USD has formed bullish butterfly pattern in 4 hours chart and this confirms short term bullishness, a jump till 1.1035 cannot be ruled out.
Major support is around 1.0800 and any break below will drag the pair till 1.066/1.0500.
On the higher side minor resistance is around 1.0850 and break above will target 1.0900/1.0950/1.1035 in short term.
EUR/USD holds steady near two month lows and any further weakness can be seen only below that 1.0800 level.
It is good to buy at dips around 1.0845 with SL around 1.0800 for the TP of 1.0950/1.1035.
Major support is around 1.0800 and any break below will drag the pair till 1.066/1.0500.
On the higher side minor resistance is around 1.0850 and break above will target 1.0900/1.0950/1.1035 in short term.
EUR/USD holds steady near two month lows and any further weakness can be seen only below that 1.0800 level.
It is good to buy at dips around 1.0845 with SL around 1.0800 for the TP of 1.0950/1.1035.