EUR/USD Trade Idea

• Major resistance -1.1060 (Dec 15^th 2015 high)
  
  
• The pair has broken major resistance and jumped till 1.11455. It is currently trading around 1.10720.
  
  
• Short term trend is bullish as long as support 1.1000 holds. Any break below 1.1000 will drag the pair down till 1.0965/1.0920 level. The minor support is around 1.1050/1.025.
  
  
• Overall bullish invalidation only below 1.0850.
  
  
• On the higher side major resistance is around 1.1500 and break above targets 1.1200/1.1260/1.1280.

It is good to buy at dips around 1.1050 with SL around 1.100 for the TP of 1.1200/1.1280

R1-1.1150

 R2-1.1200

R3-1.1280

Support

S1-1.1050

S2- 1.1000

S3-1.0920