EUR/USD forms triple bottom around 1.1060, good to buy at dips

EUR/USD has formed a triple bottom around 1.10600 and is expected to show a slight bounce back till 1.12150 from this level.

The major support is at 1.10600 and further weakness can be seen only below that level.Break below will drag the pair further down till 1.1035/1.1000.

EUR/USD minor resistance is around 1.11560 and break above will target 1.11780/1.1215.

It is good to buy at dips around 1.1090-95 with stop 1.10550 for the targets of 1.11780/1.1215