- 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
