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Short

EUR/USD faces resistance around 1.1027, good to sell on rallies

FX:EURUSD   Euro / U.S. Dollar
946 1 9
EUR/USD             has recovered after making a low of 1.0896 yesterday. Overall trend is still weak as long as resistance 1.1020 holds.

Any break above 1.1027 will take the pair till 1.1050/1.1070 level.

On the lower side minor support is around 1.0950 and any indicative break below will drag the pair further down till 1.0880/1.0850.

It is good to sell on rallies around 1.0975-80 with SL around 1.1027 for the TP of 1.0880/1.0855
Stop loss at a.1027? 1.1027 is a great low r/r entry to go short.
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