• Major support – 1.06365 (Trend line joining 1.04971 and 1.05250).
   
• Major intraday resistance – 1.0706 (21- day EMA).
   
• Pattern formed – Bullish Divergence (RSI&MACD).
   
• EUR/USD shown a slight jump after declining till 1.06348 yesterday.  Short term bias is on the downside and minor reversal can happen above 1.07060.
   
• The pair has formed Bullish Divergence in the hourly chart and the slight bullishness can be confirmed only after breaking above 1.07060 level.
   
• On the lower side, any break below 1.06350 will drag the pair till 1.0600/1.05250 (Mar 9th 2017 low)/1.04940 (Mar 2nd low).
   
• The near term resistance is around 1.0706 (21- day EMA) and any break above will take the pair to next level till 1.07450/1.07800. Short term bearish invalidation only above 1.09058.
  
  It is good to buy above 1.07060 with SL around 1.06600 for the TP of 1.0800.