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Long

EUR/USD Watch out for 1.0720 for further bullishness

FX:EURUSD   Euro Fx/U.S. Dollar
713 0 9
Intraday Trend reversal -1.0720 (trend line joining 1.08292 and 1.0868)

EUR/USD             has recovered after making a low of 1.06308 and it is currently trading around 1.06890.

Any break above 1.0720 will take the pair further up to new level 1.0770/1.0800/1.0830 in short term.

Overall bearish invalidation only above 1.0830.

On the downside minor support is around 1.0660 and break below targets 1.0630/1.0600.

It is good to buy only above 1.0720 with SL around 1.0675 for the TP of 1.0800/1.0830
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