EURUSD - Holding on to Cloud support
EURUSDEURUSDEURUSDEURUSDEURUSD - Intraday - We look to Buy at 1.1280 (stop at 1.1240)
Bespoke support is located at 1.1278. Closed the day little net changed. Selling posted in Asia. Broken out of the wedge formation to the upside. The medium term bias remains bullish. The formation has a measured move target of 1.1448. Bespoke resistance is located at 1.1412. There is scope for mild selling at the open but losses should be limited.
Our profit targets will be 1.1410 and 1.1448
Resistance: 1.1410 / 1.1448 / 1.1500
Support: 1.1280 / 1.1260 / 1.1200
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