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EUR/USD Trade Idea

  • Minor resistance - 1.1170 (trend line joining 1.1375 and 1.13248)

  • Minor support - 1.1150

  • The pair has recovered after making a low of 1.11280 yesterday. It is currently trading around 1.11878.

  • On the lower side minor support is around 1.1140 and break below targets 1.1100/1.1055.

  • Any break above 1.1180 will take the pair to next level 1.125/1.1280.

It is good to buy at dips around 1.1180 with SL around 1.1148 for the TP of 1.1245/1.1280

R1-1.120

 R2-1.1250

R3-1.1280

Support

S1-1.1140

S2- 1.1100

S3-1.1050

 

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