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EUR/USD trade idea

EUR/USD has made a low of 1.1107 and slightly recovered from that level. It is currently trading at 1.1222.

The pair's major intraday resistance is around 1.11570 and any further bullishness can be seen only above that level.

Any break above 1.11570 will take the pair to next level till 1.1185/1.1228/1.1239.

On the downside minor support is around 1.1100 and any break below targets 1.1080/1.1035./1.100.

It is good to buy only above 1.11570 with SL around 1.1100 for the TP of 1.1220/1.1240

Resistance

R1- 1.11570

R2-1.1185

R3- 1.124

Support

S1-1.1110

S2-1.1080

S3-1.1035

 

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