FxWirePro
Long

EUR/USD retreats from higher levels, good to buy at dips

FX:EURUSD   Euro Fx/U.S. Dollar
915 2 6
•RES4:1.11532 (Feb 3rd high)

•RES3: 1.1427 (161.8% retracement of 1.12889 and 1.1065)

•RES2: 1. 1400            

•RES 1: 1.13689 (May 6th high)


PRICE: 1.1305@ 11:54 GMT

•SUP 1: 1.1290 (Resistance turned into support)

•SUP2: 1.1250 (55 day H EMA)

•SUP 2: 1.1194 (Cloud top)

•SUP 3: 1.1150

Commentary:

EUR/USD             has retreated after making a high of 1.1390 .Overall trend is still bullish as long as short term support 1.1195 holds.
The minor support is around 1.1290 and break below will target 1.1250/1.1195.
It is good to buy at dips around 1.1290 with stop around 1.1250 for the target of 1.139/1.1500.








Tehol
2 years ago
will stop around 1.1176 i think now
+1 Reply
anish_206 Tehol
2 years ago
same here... clear on 15 min chart
Reply
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