EUR/USD is trading higher for consecutive day on split of power in US congress. US mid term election shows Democrats to take over House while Republicans retain senate .EURUSD recovered more than 150 pips. But Italian budget problem is major cause of concern. It hits high of 1.14730 and currently trading around 1.14404.
Technically the pair breaks major resistance 1.14520 (20 -day MA) and started to decline from that level. Any close above 20 day MA confirms further bullishness.
On the higher side, 1.14720 will be acting as near term resistance any break above targets 1.1500/1.1550.
On the lower side, near term support is around 1.1390 and any break below targets 1.13500/1.1300.
It is good to buy on dips around 1.1430-325 with SL around 1.1390 for the TP of 1.1550.


FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro- Major European Indices
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: GBP/NZD remains bullish as rally continues
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 



