- EUR/USD is facing strong resistance around 1.2180 and not able to break that level. It has made a high of 1.2120 and started retreating from that level.
- The pair's major intraday support is around 1.10790 (Aug 13th low) and any break below will take the pair further down till 1.1000/1.0950/1.0920.
- Minor resistance are at 1.1120 and break above targets 1.1150/1.11780.
- Bearish invalidation only above 1.1218.
It is good to sell on rallies around 1.1080-85 with SL around 1.1150 for the TP of 1.095/1.0920
