EURUSD - Intraday - We look to Sell at 1.1238 (stop at 1.1268)
Trades at the lowest level in 4 days. The overnight dip has been bought into and there is scope for further pressure going into this morning. A reverse is forming. The medium term bias remains . support is located at 1.1129. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Bespoke resistance is located at 1.1238.
Our profit targets will be 1.1130 and 1.1115
Resistance: 1.1238 / 1.1254 / 1.1261
Support: 1.1193 / 1.1128 / 1.1107