EUR/USD: Breakout?
CHART ANALYSIS: Looks like bulls are taking over for the night. An hourly close above the major resistance at 1.1260 should allow price to pop to next major resistance at 1.140 within the next day or two. There is a lesser resistance at 1.1280, so placing a trailing stop of 15-20 pips would be smart.
- No risk, no reward.
- No risk, no reward.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.