EUR/USD faces resistance at 1.08750,break above targets 1.09360

EUR/USD is facing minor trend line resistance around 1.08750 and break above will take the pair slightly up till 1.08980. But very short term bullishness can take place only above 1.0900.

Any break above 1.0900 will take the pair to 1.09360/1.0950/1.09700.

On the downside major support is around 1.0840 and break below targets 1.0800/1.0760.

Short term bearish invalidation only above 1.1000.

For intraday it is good to buy above 1.08750 with SL around 1.0840 for the TP of 1.0900/1.09360/1.0950