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FxWirePro: EUR/USD faces major support at 1.1250, good to buy at dips

The pair has retreated after making a high of 1.1356 at the time of writing. It is currently trading around 1.13190.

  • Short term trend is bullish as long as support 1.1250 holds.
     
  • On the lower side major support is around 1.1250 and break below targets 1.1180/1.1100/1.1050 level.
     
  • The pair's further bullishness can be seen only above 1.1350 and break above targets 1.1385/1.1430.

It is good to buy at dips around 1.1285-90 with SL around 1.1245 for the TP of 1.1350/1.1385.

 

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