We are currently looking for a break above minor resistance at 0.9087. It will indicate that the pair is likely to test the resistance level at 0.9138. Only a break above here will open the way for continuation towards the next upside targets at 0.9322 and 0.9500.
Support is now seen at 0.9053 and at 0.9032. The pair may break above 0.9087 and more importantly above 0.9138.
R3: 0.9154
R2: 0.9138
R1: 0.9105
Pivot: 0.9087
S1: 0.9069
S2: 0.9053
S3: 0.9032
Trading recommendation:
We are long EUR from 0.8646 with our stop placed at 0.9000
