The EURUSD continued its bullish momentum yesterday, topped at 1.2373 and closed at 1.2325..
Today I assume a bullish move testing the key resistance 1.2380/1.2440 zones.
Immediate support is seen around 1.2340 where bounce back to upside is expected ,stability above the key support 1.2290 is indeed to keep the bullish move suggested for today valid, a clear break below 1.2290 might delay the bullish move testing 1.2260 levels , maybe lower !!!
Resistance 1.2380 1.2410 1.2440
Support 1.2350 1.2290 1.2260
Recommendations : Buying the pair around 1.2340 targeting 1.2380 & 1.2440 , stop loss 1.2280 ..

Best Regards
Haitham
You need to be a member of FXstreet.com Forex Social Network to add comments!
Join FXstreet.com Forex Social Network