EUR/USD Trade idea

• EUR/USD has recovered after making a low of 1.10778. It is currently trading around 1.11050.
   
• Any break above 1.11276 confirms minor bullishness, a jump till 1.11935/1.12180 is possible.
   
• The pair’s major support is around 1.1050 (200 day MA) and break below targets 1.1000/1.0920.The minor support is around 1.1075.
   
• Overall bullish invalidation only below 1.10820.
   
• The pair major resistance is around 1.12180 (161.8% retracement of 1.10682 and 1.0825)
   

It is good to buy above 1.11276 with SL around 1.10750 for the TP of 1.11935/1.1218

R1-1.11276

 R2-1.1195

R3-1.1218

Support

S1-1.10500

S2-1.1000

S3-1.0920