Pair is currently trading at $1.1303 marks.
- It made intraday high at $1.1333 and low at $1.1292 levels.
- Intraday bias in EUR/USD remains bullish.
- A daily close below $1.1050 will turn the bias again downside and next downside target will be $1.0809 levels.
- On the other side, initial resistance level is seen at $1.1362 levels and $1.15 thereafter.
- Today number of economic figures are expecting from the Euro area.
- In data front from US, Country will release retail sales and UoM consume sentiment data later today.
We prefer to take long position in EUR/USD around $1.1300, Stop loss $1.1150 and target $1.15 marks.
