EUR/USD has broken trend line support 1.0900 and is currently trading at 1.08580. It is facing strong support at 1.0800 and any further weakness only below that level.
Any break below 1.0800 will drag the pair further down till 1.0650.
On the higher side minor resistance is around 1.0907 (7 day 4 H EMA) and any break above would extend gains till 1.0950/1.09875/1.100.
It is good to buy at dips around 1.0830-35 with SL around 1.0790 for the TP of 1.0950/1.09850
Any break below 1.0800 will drag the pair further down till 1.0650.
On the higher side minor resistance is around 1.0907 (7 day 4 H EMA) and any break above would extend gains till 1.0950/1.09875/1.100.
It is good to buy at dips around 1.0830-35 with SL around 1.0790 for the TP of 1.0950/1.09850