• EUR/USD has fallen till 1.08533 yesterday after upside rejection at 1.1020 (high made after French election result). It is currently trading around 1.08730.
   
• The pair minor upside is capped by 10- SMA and any minor bullishness can be seen only above that level. Any break above 1.09120 will take the pair to next level till 1.09500/1.1000. It should break above 1.1020 for further bullishness.
   
• On the lower side, major support stands at 1.08500-1.08370 (200 day MA) and any break below confirm major weakness a decline till 1.05694 likely.
   
• Overall bullish continuation can happen above 1.1020 level.
  
  It is good to sell on rallies around 1.0915-20 with SL around 1.1000 for the TP of 1.0825/1.0700.