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FxWirePro: EUR/USD struggles to break below 1.1025, good to buy at dips

EUR/USD has formed intraday bottom around 1.0250 and started to jump from that level. EUR/USD is facing strong minor resistance around 1.1060 and any break above will take the pair to next level to 1.0820/1.1120/1.1138. …

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FxWirePro: EUR/USD struggles to break below 1.1025, good to buy at dips
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EUR/USD has formed intraday bottom around 1.0250 and started to jump from that level.

  • EUR/USD is facing strong minor resistance around 1.1060 and any break above will take the pair to next level to 1.0820/1.1120/1.1138.
     
  • On the downside weakness can be seen only below 1.10250 and break below will take the pair till 1.1000/1.0950.

It is good to buy around 1.1058-1.10620 with SL around 1.1020 for the TP of 1.1100/1.1138

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