• EUR /USD pair made some gains against US dollar in today's European session after buyers stepped in, however, the gains were limited and the pair fell back towards 1.1200 levels after hitting resistance at 1. resistance level at 1.1238 levels is set to hold the bulls from advancing further, and bring a decline towards lower levels, therefore it's good to go short  below 1.1240 levels.
  
  
• To the upside, the strong resistance can be seen at 1.1288, a break above this level would take the pair towards next resistance level at 1.1319 (Oct 2nd high).
  
  
• To the downside immediate support can be seen at 1.1181 levels, a break below this level will open the door towards next level at 1.1150.
  
  Recommendation: Go short below 1.1230, targets 1.1190, 1.1150, SL 1.1320
  
  Resistance Levels
  
  R1: 1.1238 (50% Retracement level)
  
  R2: 1.1288 (38.2% Retracement level)
  
  R3: 1.1319 (Oct 2nd high)
  
  Support Levels
  
  S1: 1.1181 (61.8% Retracement level)
  
  S2: 1.1150 (Oct 2nd low)
  
  S3: 1.113 (Oct 1st low)