EUR/USD breaks minor trend line support, targets 1.0800/1.0710
Minor trend line support – 1.0875 (trend line joining 1.0849 and 1.08692)
The pair has broken minor trend line support around 1.0875 which confirms minor weakness , decline till 1.0800 is possible .
Short term weakness only below 1.0800 and break below targets 1.0710/1.06700.
On the higher side any break above 1.0940 will take the pair to next target 1.09800/1.1000.
Short term bearish invalidation only above 1.1000 and above that level a jump till 1.0600/1.1100 is possible .
It is good to sell on rallies around 1.087-1.0875 with SL around 1.0905 for the TP of 1.0800
The pair has broken minor trend line support around 1.0875 which confirms minor weakness , decline till 1.0800 is possible .
Short term weakness only below 1.0800 and break below targets 1.0710/1.06700.
On the higher side any break above 1.0940 will take the pair to next target 1.09800/1.1000.
Short term bearish invalidation only above 1.1000 and above that level a jump till 1.0600/1.1100 is possible .
It is good to sell on rallies around 1.087-1.0875 with SL around 1.0905 for the TP of 1.0800