EURUSD has pared most of its losses made today morning. The pair opened slightly lower and jumped more than 50 pips on board based dollar selling. The failure of negotiations of EU and UK on Brexit and Germany’s Merkel Christian Social Union conservative allies has lost their majority in crushing vote in the Bavarian state. Markets eye US retails sales data which is to be released today for further direction.
On the higher side, near term strong resistance is around 1.1620 (20- day MA) and any break above targets 1.1660/1.1720.The pair should break above 1.1800 for further bullishness continuation.
The near term minor support is around 1.1500 and any violation below targets 1.1460/1.1430. Any convincing break below 1.1430 confirms major bearishness.
It is good to buy on dips around 1.1550 with SL 1.1500 for the TP of 1.1700


Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro- Major Pair levels and bias summary
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro: USD/ZAR continues to recovers , upside pressure builds 



