• EUR rose against US dollar on Thursday after the European Central Bank left interest rates unchanged and stopped short of a formal commitment to further expand its asset-purchase program. 
   
• However, the pair reversed course after finding support at  1.1326 to trade at 1.1250.
   
• The currency pair, remains under bulls control unless until it trades above 1.1165 support level, therefore it is good to buy this pair on dips.
   
• To the upside, immediate resistance can be seen at 1.1289, a break above will take the pair towards next resistance level at 1.1326.
   
• To the downside, immediate support can be seen at 1.1241levels, a break below will open gates towards 1.1203 levels.
  
  Resistance Levels
  
  R1: 1.1289 (23.6% Retracement level)
  
  R2: 1.1326 (Daily high)
  
  R3: 1.1356 (Aug 23rd high)
  
  Support Levels
  
  S1: 1.1241(38.2% Retracement level)
  
  S2: 1.1203 (50% Retracement level)
  
  S3: 1.1165 (61.8% Retracement level)