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FxWirePro- Major Pair levels and bias summary 
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EURUSD has lost more than 100 pips from the high of 1.17212 made on Friday. The pair decline due to Trump trade tariff on China. US President Trump is planning to impose further tariffs of $200 billion on Chinese goods today according to wall street journal. The pair hits low of 1.16179 and is currently trading around 1.16450.
US 10 year yield has shown a good jump of more than 2% and once again regained 3%. The yield spread between US 10 year and 2 year has declined by 20 bpbs from 35 bpbs. The rise in bond yield also supporting US dollar.
On the lower side, near term major support is around 1.16170 and any violation below targets 1.1570/1.1530/1.1500.
The near term major resistance is around 1.16606 and any violation above will take the pair to next level till 1.17200/1.1750. Any violation above 1.1750 confirms further bullishness.
It is good to sell on rallies around 1.1675-68 with SL around 1.1725 for the TP of 1.1530.
