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Long

EUR/USD recovers from low of 1.0865 , good to buy at dips

FX:EURUSD   Euro Fx/U.S. Dollar
517 0 4
Candlestick pattern- Doji

EUR/USD             has recovered after making a low of 1.0865 ( 61.8% retracement of 1.08070 and 1.09669) . It is currently trading at 1.09485.

On the lower side short term support is around 1.09200 and any break below will target 1.08865/1.0865/1.0850.

Short term trend reversal only below 1.0800 level.

The pair is facing intraday resistance around 1.0970 and break above would extend gains till 1.100/1.1035.

It is good to buy at dips around 1.0900 with SL around 1.0850 for the TP of 1.100/1.1035
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