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EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660 
- Short term trend - Bullish
- Major resistance- 94.60 ( trend line joining 95.90 and 95.64)
- Major support – 94 (4H Kijun-Sen)
- US dollar index has broken major trend line resistance at 94.60 and jumped till 94.72. It is currently trading at 94.71.
- Short term trend is bullish as long as support 94 holds. On the lower side any break below 94.50 (90 4H EMA) will drag the index down till 94.25/94. Extreme weakness can be seen only below 93.40.
- On the higher side any violation above 94.60 will take the DXY to next immediate resistance 95/95.50/96.
It is good to buy at dips around 94.75 with SL around 94.25 for the TP of 95.50/96
R1-95
R2-95.45
R3-96
Support
S1-94.25
S2-94
S3-93.40
