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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
