Description
⋅ Minor resistance - 1.0880 (trend line joining 1.09147 and 1.0971)
The pair has broken minor trend line resistance 1.0880 and jumped till 1.09062 at the time of writing. It is trading around 1.09017.
Break above 1.0880 will take the pair to next level around 1.09490/1.09800 in short term.
Overall bearish invalidation only above 1.1000.
On the lower side minor support is around 1.0860 (200 day HMA) and break below targets 1.08200/1.07800.
It is good to buy at dips around 1.08950-70 with SL around 1.0860 for the TP of 1.09480/1.09800/1.100