Major resistance - 1.1130
Major support 1.10500
EUR/USD has broken major resistance 1.1130 and jumped till 1.11710 at the time of writing . Short term trend is bullish as long as support 1.1050 holds.
On the higher side major resistance is around 1.1218 and any break above targets 1.1250/1.1300/1.13800 level.
The pair's minor support is around 1.1100 and break below targets 1.1050/1.1000.
Overall bullish invalidation only below 1.10820 level.
It is good to buy at dips around 1.1160-1.1165 with SL around 1.1100 for the TP of 1.1245/1.1300
Major support 1.10500
EUR/USD has broken major resistance 1.1130 and jumped till 1.11710 at the time of writing . Short term trend is bullish as long as support 1.1050 holds.
On the higher side major resistance is around 1.1218 and any break above targets 1.1250/1.1300/1.13800 level.
The pair's minor support is around 1.1100 and break below targets 1.1050/1.1000.
Overall bullish invalidation only below 1.10820 level.
It is good to buy at dips around 1.1160-1.1165 with SL around 1.1100 for the TP of 1.1245/1.1300
