For me 1.2900 is the key short term resistance level - as long as the pair stays below this (ideally only long bearish wicks would come close) I will remain bearish.

Forex

As always check CandlePro for intraday trading opps at S/R levels and watch out for news events on the forex calendar.

Trading Idea: Moving the primary trade up a bit to 1.2880-1.2900, with short targets (from 1.2880) at 1.2855, 1.2825, 1.2800 and 1.2770 for 110 pips profit.

A bit more conservative trade would be a short in the vicinity of 1.2930 resistance with targets at 1.2905, 1.2880, 1.2850, 1.2820 for 110 pips profit.

Sign up for free forex signals via email here
FAQ on these signals

Forex Candlestick Alerts

Forex Income Calculator

Forex Market Hours

Forex Forums

Source: Forex Signals - EUR/USD Resistance Holding
Forex signals from: PipHut.com