EUR/USD faces minor trend line support 1.1380, break below targets 1.1260

EUR/USD has made a high of 1.14262 today and slightly retreating from that level. It is currently trading at 1.14060.

• On the downside minor trend line support is around 1.1380 (trend line joining 1.1768 and 1.1238) and any break below targets 1.1350.
   
• Short term trend reversal only below 1.1350 break below will drag the pair till 1.1315/1.1260.
   
• Major intraday resistance is around 1.14365 and any indicative break above targets 1.1465.
   
• Overall bearish invalidation only above 1.1460 and break above targets 1.1540/1.1600.

It is good to sell only below 1.13800 with SL around 1.1436 for the TP of 1.1315/1.1260