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- EUR/USD recovers from low of 1.1016 after dovish FOMC minutes has broken short term resistance 1.1130 and is trading at 1.11320.
- On the higher minor resistance is around 1.1150 and break above would extend gains till 1.1178/1.1210.
- Overall trend reversal only above 1.1215 and break above would target 1.1348/1.1468.
- On the downside minor support is around 1.1070 and break below will drag the pair further down 1.1045/1.1000.
It is good to buy at dips around 1.1100 with SL around 1.1050 for the TP of 1.1215
