FxWirePro
Long

EUR/USD forms triple bottom around 1.1060, good to buy at dips

FX:EURUSD   Euro Fx/U.S. Dollar
1061 7 7
EUR/USD             has formed a triple bottom around 1.10600 and is expected to show a slight bounce back till 1.12150 from this level.

The major support is at 1.10600 and further weakness can be seen only below that level.Break below will drag the pair further down till 1.1035/1.1000.

EUR/USD             minor resistance is around 1.11560 and break above will target 1.11780/1.1215.

It is good to buy at dips around 1.1090-95 with stop 1.10550 for the targets of 1.11780/1.1215

Related Ideas

aibek
2 years ago
Hello! I like the way you chart, but disagree with triple bottom. Think its a symmetrical triangle there.
snapshot
Reply
FxWirePro aibek
2 years ago
Please check in 4 hour chart
Reply
aibek FxWirePro
2 years ago
U were right! Congrats!
Reply
HappyKing
2 years ago
Thank you for sharing, I feel you are in right side
Reply
HappyKing
2 years ago
snapshot

and, I'm slightly aggressive for long
Reply
FxWirePro HappyKing
2 years ago
Ok me too feel it may atleast jump till 1.11780
+1 Reply
HappyKing FxWirePro
2 years ago
You are professional
Reply
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