Candlestick pattern- Doji
- EUR/USD has recovered after making a low of 1.0865 (61.8% retracement of 1.08070 and 1.09669) . It is currently trading at 1.09485.
- On the lower side short term support is around 1.09200 and any break below will target 1.08865/1.0865/1.0850.
- Short term trend reversal only below 1.0800 level.
- The pair is facing intraday resistance around 1.0970 and break above would extend gains till 1.100/1.1035.
It is good to buy at dips around 1.0900 with SL around 1.0850 for the TP of 1.100/1.1035
The material has been provided by InstaForex Company – www.instaforex.com