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Long

EUR/USD recovers after making a low of 1.1154,good to buy at dip

FX:EURUSD   Euro / U.S. Dollar
1174 2 17
EUR/USD             has taken support near 1.11430 (200 day4H EMA ) and recovered from that level till 1.12613. Overall trend is still bullish as long as support 1.1430 holds.

Any break below 1.11430 will drag the pair further down till 1.1060/1.1000.

Overall bullish invalidation only below 1.1000.

The pair’s minor resistance is around 1.1240 and break above will extend gains till 1.1280/1.1320.

Intraday major resistance is around 1.1320 and break above will target 1.1370/1.1435.

It is good to buy at dips around 1.11950 with SL around 1.1140 for the TP of 1.13050/1.1320
Woohoo I have foreseen this 3 days ago :D

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Great analysis. Agreed :)
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