• The pair edged up to reach 1.1288 levels, in the early European session, however the gains were limited and pair slipped back towards to trade around 1.1235 levels. The pair is set to consolidate around 1.1210 levels and reach higher levels as the pair is strongly supported around 1.1200 levels. Therefore, it's good to but this pair above 1.1210 levels.
   
• To the upside, the strong resistance can be seen at 1.1235 (50% Retracement level), a break above this level would take the pair towards next resistance level at 1.1287 (38.2% Retracement level).
   
• To the downside immediate support can be seen at 1.1200 (Oct 5th lows), a break below this level will open the door towards next level at 1.1080 (61.8% Retracement level).
  
  Recommendation: Go long above 1.1200, targets 1.1250, 1.1300, SL 1.1150
  
  Resistance Levels
  
  R1: 1.1235 (50% Retracement level)
  
  R2: 1.1287 (38.2% Retracement level)
  
  R3: 1.1318 (Oct 2nd high )
  
  Support Levels
  
  S1: 1.1200 (Oct 5th lows)
  
  S2: 1.1080 (61.8% Retracement level)
  
  S3: 1.1133 (Oct 1st lows)