FxWirePro:EUR/USD faces minor bottom around 1.0580, good to buy on dips

• Potential Reversal Zone (PRZ) – 1.07350.
   
• Major Support – 1.0580 (double bottom)
   
• The pair has formed a bottom at 1.05890 and jumped sharply till 106937 level at the time of writing. It is currently trading around 1.06404.
   
• EUR/USD has taken support near 38.2% fibo level and break below will drag the pair down till 1.0540 (20- day MA)/1.04800.
   
•  The pair major resistance is around 1.07350 and any break above 1.0735 confirms minor bullishness  and a jump till 1.0800/1.08750.
• Short term bearish invalidation only above 1.08735 level.

It is good to buy on dips around 1.0580 with SL around 1.0530 for the TP of 1.06800/1.0720