FxWirePro: EUR/USD faces strong resistance around 1.1086, good to sell on rallies

EUR/USD has recovered till 1.10680 after making a low of 1.0996 and is currently trading around 1.1056.

• The pair is facing trend line resistance around 1.1086 (trend line joining 1.1055 and 1.1068) and any further bullishness can be seen only above that level.
   
• Any break above 1.1086 will take the pair to next target 1.1100/1.11380.
   
• Overall bullishness only above 1.1150.
   
• On the downside minor support is around 1.1045 and break below targets 1.100/1.0950 level.

It is good to sell on rallies around 1.1056-600 with SL around 1.1090 for the TP of 1.100/1.0955