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- EUR/USD has decline till 1.1086 after making a high of 1.13310 (Sep 1st high). It has taken support around 200 day 4 HMA and a jump till 1.1180/1.1208 is possible .
- Intraday weakness only below 1.1100 and break below will drag the pair till 1.1045/1.1000.
- On the higher side minor resistance is around 1.1147 and break above would extend gains till 1.1178/1.1200
It is good to buy at dips around 1.1125-30 with SL around 1.1095 for the TP of 1.1178/1.1208
Resistance
R1- 1.1178
R2-1.1208
R3- 1.1260
Support
S1-1.1100
S2-1.1045
S3-1.100
