EUR/USD faces support around 1.11500, good to buy at dips
EUR/US has slightly retreated after making a high of 1.12387. It is currently trading around 1.11940.
Intraday trend is bullish as long as minor support 1.1150 holds.
Any break below 1.1150 will drag the pair till 1.11350/1.1070 level in shortterm. Overall bullish invalidation only below 1.1050.
On the higher major resistance is around 1.1250 and break above targets 1.1287/1.1350.
It is good to buy at dips around 1.1190 with SL around 1.1150 for the TP of 1.1280/1.1350.
Intraday trend is bullish as long as minor support 1.1150 holds.
Any break below 1.1150 will drag the pair till 1.11350/1.1070 level in shortterm. Overall bullish invalidation only below 1.1050.
On the higher major resistance is around 1.1250 and break above targets 1.1287/1.1350.
It is good to buy at dips around 1.1190 with SL around 1.1150 for the TP of 1.1280/1.1350.
