- Intraday Trend -Bullish
- The pair has made a low of 1.08301 yesterday and recovered from that level. It is currently trading around 1.09128.
- Major resistance -1.0905 (55 day EMA)
- EUR/USD has broken 1.09050 and jumped till 1.09141. Short term trend is bullish as long as support 1.0830 holds.
- On the higher side any break above 1.09050 will take the pair till 1.09535/1.09800.
- Overall bullishness only above 1.1000.
- The minor support is around 1.08060 and break below targets 1.0830/1.07900.
It is good to buy at dips around 1.0885-890 with SL around 1.0830 for the TP of 1.09500/1.09800
