EURUSD - Intraday
We look to Buy at 1.1703
We will cut loss at at 1.1687
Our profit targets will be 1.1748 and 1.1768
Risk to reward ratio - 2,8 : 1
Previous resistance, now becomes support at 1.1700.
The RSI is trending higher.
A move through bespoke resistance at 1.1750 and we look for extended gains.
A break of yesterdays high would confirm bullish momentum.
50-hour EMA is at 1.1694.
Current levels of:
Resistance: 1.1710 / 1.1724 / 1.1740
Support: 1.1700 / 1.1694 / 1.1678
Signal Centre