EUR/USD is facing resistance around 1.1290, good to buy at dips

• RES4:1.11532 (Feb 3^rd high)
  
   
• RES3: 1.1427 (161.8% retracement of 1.12889 and 1.1065)
  
  
• RES 2: 1.13689 (May 6^th high)
  
  
• RES 1: 1.1290 (May 1^st high)

  PRICE: 1.1230 @ 12:03 GMT 

• SUP 1: 1.1213 (200 day HMA)
  
  
• SUP2: 1.1178 (May 8^th low)
  
  
• SUP 2: 1.1120
  
  
• SUP 3: 1.1065 (May 5^th high))
  
  

Commentary:

EUR/USD has recovered till1.2778 and declined form that level. Overall trend is still bullish as long as short term support 1.11780 holds.

Intraday resistance is around 1.1290.

The major support is around 1.1120 and break below will target 1.10650/1.1035.

It is good to buy at dips around 1.1220 with stop around 1.1178 for the target of 1.1290/1.1380.