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EURUSD breaks resistance level | June 5, 2017
After NFP, Eurusd got enough bullish momentum to break the resistance level at 1.1260. This pair is staying above this resistance level. As long as this pair stays on the upside, we can expect bullish rally continuation on this pair. This pair is looking for more high in near future. So for long term trading, we should look for bullish on eurusd.
Next resistance lies at 1.1300 level. This pair might get some resistance on that level. Another resistance lies at 1.1365 which should be noted for your buy entry.
1.1210 can be near term buy zone for this pair. If we look for buy, then we can wait for little retrace on this pair, then buy again with a target of 50-100 pips.
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