A brief dip below 1.1150 brings moving average support into play
The 100 dma sits at 1.1146 on my chart and the low so far is 1.1148. Support at 1.1129 and the 55 dma at 1.1120 make this an interesting area technically
EURUSD daily chart
I've not highlighted it but this 1.1150 level has been quite significant going back this year with the price struggling to close above or below when tested
I like the look of a small long from the tech here with a stop just below the Sep 3rd & 4th lows. I'm going to see if we have another test of 1.1150 before jumping in. If it holds I'll have a go. If not I'll see how the other levels react before making a decision on whether to counter the move or go with a break
