FxWirePro- Buy EURUSD on dips (15 min trading strategy for intraday)

EURUSD declined sharply after a jump above 1.1200. It hit a low of 1.1120 yesterday  and is currently trading around 1.11535.

Intraday bias remains bullish as long as support 1.1120 holds.

Technicals-

 The pair is trading above  34- and 55 EMA in the 4-hour chart.

The near-term resistance is around 1.1160, a breach above targets 1.11780/1.12150 Major bullish continuation only above 1.12150. A jump above will take the pair to 1.12780.The immediate support is at 1.1140 any violation below will drag the pair to 1.1120/1.1060.

 Indicator (15 min chart)

CCI (50)- Bullish

Average directional movement Index - Bullish. All indicators confirm a mixed trend.

It is good to buy on dips around 1.11500 with SL around 1.1120 for a TP of 1.1.