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EUR/USD has made a low of 1.06911 and started to recover from that level. It is currently trading around 1.07915. Short term trend is till weak as long as resistance 1.0800 holds.
- The pair has been struggling to break above 1.0800 for the past four trading session and break above confirms short term bullishness, a jump till 1.0900/1.1000 cannot be ruled out .
- On the downside major support is around 1.0660 and break below targets 1.0600.
- The pair's minor support is around 1.0750 and below that level decline till 1.0700/1.0680 is possible.
It is good to buy only above 1.0800 with SL around 1.0748 for the TP of 1.0900/1.1000.
