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Long

EUR/USD Intraday Trade idea

FX:EURUSD   Euro / U.S. Dollar
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EUR/USD             made a low of 1.1325 and recovered from that level. Intraday trend is bullish as long as support 1.12990 holds.

On the downside break below 1.1299 will take the pair to 1.12590/1.12180 ( 61.8% retracement of 1.109 to 1.1426).

The pair’s minor resistance is around 1.1456 and any break above will take the pair to 1.1567 ( 61.8% retracement of 1.1858 and 1.1096).

Indicators (15 min chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy

Recommendation: Buy EUR/USD             around 1.13750, SL 1.1320, 1.1456.
RSI is very low on daily, weekly and monthly, so yes, it's got to make some headway and level off some more.
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