EUR/USD trades in narrow range, break above 1.0660 targets 1.0820

• Major resistance – 1.0660 (Nov 22nd high)
   
• Major support – 1.0580
   
• The pair has declined slightly after jumping till 1.06495 yesterday. It is currently trading around 1.06080.


• EUR/USD faces strong trend line resistance at 1.06625 and any violation above will target 1.0750/1.08200.
   
• On the lower side, any break below 1.0580 will drag the pair till 1.05400 (161.8% retracement of 1.0580 and 1.06490)/1.05000 in the short term.

It is good to buy above 1.0660 with SL 1.06000 for the TP of 1.0745/1.08200.