Chart Breakout: EUR/USD breaks minor trend line, targets 1.0820
EUR/USD has broken minor trend line resistance around 1.0700 (trend line joining 1.08292 and 1.08068) and a jump till 1.0770/1.0800 is possible .
On the downside minor support is around 1.06600 and break below 1.0660 will drag the pair down till 1.0630/1.0600.
Further weakness can be seen only below 1.0600 level.
The pair's major resistance is around 1.0830 and break above targets 1.0900.
It is good to buy at dips around 1.0685-90 with SL around 1.0635 for the TP of 1.0770/1.0825
On the downside minor support is around 1.06600 and break below 1.0660 will drag the pair down till 1.0630/1.0600.
Further weakness can be seen only below 1.0600 level.
The pair's major resistance is around 1.0830 and break above targets 1.0900.
It is good to buy at dips around 1.0685-90 with SL around 1.0635 for the TP of 1.0770/1.0825