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EUR/USD faces resistance at 1.0950, break above targets 1.1059/1.1140

Monday, January 11, 2016 4:27 AM UTC

Major resistance - 1.09500 (trend line joining 1.10596 and 1.109925)
The pair has recovered after making a low of 1.08000. It has closed at the level of 1.09192.
Any break above 1.09500 will take the pair to next level 1.1000/1.10600/1.1140.
On the lower side major support is around 1.0870 and break below targets 1.08000/1.0710 level.
The minor support is around 1.0900.

It is good to buy above 1.09500 with SL around 1.0870 for the TP of 1.1059/1.1140.

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EUR/USD faces resistance at 1.0950, break above targets 1.1059/1.1140

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