EUR/USD Watch out for 1.0720 for further bullishness
Intraday Trend reversal -1.0720 (trend line joining 1.08292 and 1.0868)
EUR/USD has recovered after making a low of 1.06308 and it is currently trading around 1.06890.
Any break above 1.0720 will take the pair further up to new level 1.0770/1.0800/1.0830 in short term.
Overall bearish invalidation only above 1.0830.
On the downside minor support is around 1.0660 and break below targets 1.0630/1.0600.
It is good to buy only above 1.0720 with SL around 1.0675 for the TP of 1.0800/1.0830
EUR/USD has recovered after making a low of 1.06308 and it is currently trading around 1.06890.
Any break above 1.0720 will take the pair further up to new level 1.0770/1.0800/1.0830 in short term.
Overall bearish invalidation only above 1.0830.
On the downside minor support is around 1.0660 and break below targets 1.0630/1.0600.
It is good to buy only above 1.0720 with SL around 1.0675 for the TP of 1.0800/1.0830