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Short

EUR/USD- Watch out for 1.0830 for further bullishness

FX:EURUSD   Euro / U.S. Dollar
1193 0 12
EUR/USD             has made a high of 1.08290 on Thursday and retreated from that level. It is currently trading around 1.07287.

Overall trend is still weak as long as resistance 1.0830 holds.

The pair’s major support is around 1.0660 and break below targets 1.0600

On the higher side major resistance is around 1.0830 and any break above targets
1.0900/1.100.The pair’s overall bullishness only above 1.0900.

The minor resistance is around 1.0770 and break above targets 1.0800/1.08280.

It is good to sell on rallies around 1.0770 with SL around 1.0830 for the TP of 1.0660/1.0600.

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