EUR/USD trades higher, further bullishness only above 1.1000
EUR/USD is facing strong resistance around 1.1000 (trend line joining 1.1249 and 1.11952) and any further bullishness can be seen only above that level.
Any break above 1.1100 will take the pair to next target at 1.1085/1.1123 level in short term.
On the downside minor support is around 1.0950 and break below will drag the pair till 1.0900/1.0850.
Bullish invalidation only below 1.0800.
It is good to buy above 1.1000 with SL around 1.0950 for the TP of 1.1085/1.1120
Any break above 1.1100 will take the pair to next target at 1.1085/1.1123 level in short term.
On the downside minor support is around 1.0950 and break below will drag the pair till 1.0900/1.0850.
Bullish invalidation only below 1.0800.
It is good to buy above 1.1000 with SL around 1.0950 for the TP of 1.1085/1.1120