FxWirePro:EUR/USD forms Bullish Gartley pattern, good to buy on dips

• Potential Reversal Zone (PRZ) – 1.09400
   
• Major resistance- 1.10810 (200 day MA).
   
• EUR/USD has formed bullish Gartley pattern in 4 hours chart. It is currently trading around 1.09865.
   
• The major support is at 1.0940 and any break below targets 1.0910/1.0870 in the short term.
   
• Technically on the higher side, major pschycological resistance is around 1.1000 and any indicative break above will take the pair to next level at 1.10600 (Jul 21st high)/1.10800 (200 day MA).

It is good to buy at dips around 1.0975-1.09800 with SL around 1.0940 for the TP of 1.1060/1.1080