EUR/USD recovers after dovish FOMC minutes, targets 1.12150
EUR/USD recovers from low of 1.1016 after dovish FOMC minutes .It has broken short term resistance 1.1130 and is trading at 1.11320.
On the higher minor resistance is around 1.1150 and break above would extend gains till 1.1178/1.1210.
Overall trend reversal only above 1.1215 and break above would target 1.1348/1.1468.
On the downside minor support is around 1.1070 and break below will drag the pair further down 1.1045/1.1000.
It is good to buy at dips around 1.1100 with SL around 1.1050 for the TP of 1.1215
On the higher minor resistance is around 1.1150 and break above would extend gains till 1.1178/1.1210.
Overall trend reversal only above 1.1215 and break above would target 1.1348/1.1468.
On the downside minor support is around 1.1070 and break below will drag the pair further down 1.1045/1.1000.
It is good to buy at dips around 1.1100 with SL around 1.1050 for the TP of 1.1215