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Long

EUR/USD faces support around 1.11500, good to buy at dips

FX:EURUSD   Euro / U.S. Dollar
623 1 10
EUR/US             has slightly retreated after making a high of 1.12387. It is currently trading around 1.11940.

Intraday trend is bullish as long as minor support 1.1150 holds.

Any break below 1.1150 will drag the pair till 1.11350/1.1070 level in shortterm. Overall bullish invalidation only below 1.1050.

On the higher major resistance is around 1.1250 and break above targets 1.1287/1.1350.

It is good to buy at dips around 1.1190 with SL around 1.1150 for the TP of 1.1280/1.1350.
It is good to buy at dips around 1.1190 with SL around 1.1150 for the TP of 1.1280/1.1350. --- concept lay in rubble
after a strong rally must to come correction
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