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FxWirePro: EUR/USD faces strong support at 1.0660, good to buy at dips

Potential Reversal Zone (PRZ)-1.0660

  • EUR/USD has recovered till 1.07629 and started to retreat from that level.  It is currently trading at 1.07033.
     
  • The pair's minor support is around 1.0700 and break below targets 1.0660/1.0600.
     
  • On the higher side resistance is around 1.0720 and break above targets 1.0750/1.0770.
     
  • Overall trend reversal only above 1.0830 level.

It is good to buy at dips around 1.06750 with SL around 1.0620 for the TP of 1.0780/1.0800              

 

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