EURUSD-N ice trend line breakout

EURUSD showed a nice recovery of more than 130 pips on board-based US dollar selling. The back-to-back collapse of SVB and signature has decreased the chance of further rate hikes by the Fed. It hits an intraday high of 1.07367 and is currently trading around 1.07257.

It is good to buy on dips around 1.0720 with SL around 1.0670 for a TP of 1.0850