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EUR/USD struggles to break trend line resistance, targets 1.0900

EUR/USD has made a high of 1.10299 at the time of writing and started to retreat from that level.

  • Intraday trend is weak as long as resistance 1.1035 holds.
     
  • On the higher side any break above 1.1035 will take the pair to next target 1.1070/ 1.1100.
     
  • The pair's minor support is around 1.1000 and break below targets 1.0950/1.0920 in short term.

It is good to sell on rallies around 1.1010-1015 with SL around 1.1035 for the TP of 1.0920/1.0880

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