• Major resistance – 1.06700 (Dec 14th high)
   
• Major support – 1.03500
   
• The pair hits fresh year low at 1.03522on Dec 20th 2016 and slightly gained from that level. It is currently trading around 1.04875.
   
• It has jumped till 1.06530 from the year low of 1.03522. EUR/USD should break above 1.067000 for the minor bullishness.
   
• Any break above 1.06700 will take the pair till 1.08735 (Dec 8th 2016 high)/1.0935 (100- day MA)/1.1000.
   
• On the lower side, any break below 1.03500 confirms bearish continuation, a decline till 1.0255/1.01574 (161.8% retracement of 1.03522 and 1.06530).
  
  It is good to sell on rallies around 1.06000 with SL around 1.06750 for the TP of 1.03600