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

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