FxWirePro
Short

EUR/USD faces resistance around 1.1086,good to sell on rallies

FX:EURUSD   Euro / U.S. Dollar
988 2 10
EUR/USD             has recovered till 1.10680 after making a low of 1.0996 and is currently trading around 1.1056.

The pair is facing trend line resistance around 1.1086 ( trend line joining 1.1055 and 1.1068) and any further bullishness can be seen only above that level.

Any break above 1.1086 will take the pair to next target 1.1100/1.11380.

Overall bullishness only above 1.1150.

On the downside minor support is around 1.1045 and break below targets 1.100/1.0950 level.

It is good to sell on rallies around 1.1056-600 with SL around 1.1090 for the TP of 1.100/1.0955
Thanks!
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I agree with this zone
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