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EUR/USD is facing major trend line resistance at 1.12760 (trend line joining 1.14592 and 1.13180) and break above confirms short term bullishness, a jump till 1.1340/1.1370 is possible.
- On the downside major support is around 1.1230 and any break below targets 1.1200/1.11700. Overall trend reversal only below 1.1130 level.
- Break below targets 1.1100/1.1080.
It is good to buy around 1.1270-725 with SL around 1.1230 for the TP of 1.1340/1.1370/1.1436.
