FX.co ★ Technical analysis of EUR/USD for April 28, 2016

EUR/USD continues to move higher and currently is trading above the R1 resistance. As for our previous analysis, consider holding long positions or getting into a buy trade near R1 (1.1320) level.

Targeting either R2 (1.1480) or R3 (1.1640) as a final target, the stop loss should be just below S1 (1.1220)

Support: 1.1320, 1.1220, 1.1060

Resistance: 1.1480, 1.1640