EUR/USD Technical Analysis , February 13

EUR/USD figured out how to accumulate some footing following yesterday’s YTD lows in the 1.1260/55 band, retaking the 1.1310 handle or more in spite of the fact that losing energy in the limits of 1.1340 up until this point. This zone of obstruction is likewise fortified by the basic 200-week SMA in the 1.1330 district. A progressively genuine bullish endeavor should retake the 100-day SMA at 1.1415, while the momentary obstruction line at 1.1495 rises as the following applicable obstacle.

EUR/USD Technical Analysis , February 13

 BUY  EUR/USD @ 1. 1342   SL:  1. 1324               TP1: 1.1357     TP2: 1.1372     TP3: 1.1387

 SELL  EUR/USD @ 1.1319   SL:    1.1337              TP1: 1.1304    TP2: 1.1289     TP3: 1.1274

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John Wat

About: John Wat

Forex analyst with 10 years experience in Forex market.Trading Expert ABC Breakouts, Trendlines breakouts, Supply & Demand, Customized Elliot Wave.