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EUR/USD breaks minor trend line resistance, slight jump till 1.107/1.1100 is possible

EUR/USD has broken trend line resistance around 1.1010 (trend line joining 1.0975 and 1.09846) and break above confirms intraday bullishness, a jump till 1.1095/1.1125 is possible .

  • The pair's minor resistance are around 1.1038/1.1070
     
  • On the downside minor support is around 1.0950 and break below targets 1.0920/1.0900 level.
     
  • Further weakness only below 1.0850.

It is good to buy at dips around 1.0985-990 with SL around 1.0945 for the TP of 1.1038/1.1070/1.1095

 

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