• EUR/USD has once again crossed above 1.100 today in European session after making low of 1.0960.
  • Intraday trend is bullish as long as support 1.0920 holds. Any break below 1.0920 will drag the pair further down till 1.08865/1.0850.
  • On the higher side major resistance is around 1.1045 and above that level it will take the pair to next level at 1.1085/1.1128/1.1178 in short term.

It is good to buy at dips around 1.101 with SL around 1.0945 for the TP of 1.1128/1.1178

The material has been provided by InstaForex Company – www.instaforex.com