EUR/USD breaks short term trend line resistance, targets 1.1318
EUR/USD has broken short term trend line resistance 1.1210 (trend line joining 1.1330 and 1.1380) and this confirms short term bullishness, a jump till 1.13180 cannot be ruled out.
The pair made a low of 1.1214 yester day and started to recover from that level and is currently trading at 1.1218.
On the downside minor support is around 1.11780 and break below targets 1.1140/1.1120.
Bullish invalidation only below 1.1085 level.
It is good to buy at dips around 1.1200-205 with SL around 1.1148 for the TP of 1.1318
The pair made a low of 1.1214 yester day and started to recover from that level and is currently trading at 1.1218.
On the downside minor support is around 1.11780 and break below targets 1.1140/1.1120.
Bullish invalidation only below 1.1085 level.
It is good to buy at dips around 1.1200-205 with SL around 1.1148 for the TP of 1.1318