Potential reversal Zone (PRZ) -1.11750
EUR/USD has declined till 1.11940 yesterday after making a high of 1.12812. It is currently trading at 1.1218.
The pair’s major support is around 1.11750 and any break below will drag the pair further down till 1.1150/1.1100/1.10850.
The pair’s minor resistance is around 1.1240 and break above targets 1.1280/1.12950.
It is good to buy at dips around 1.1175-80 with SL around 1.1145 for the TP of 1.1245/1. 1290