FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro- Major European Indices 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
EUR/USD has pared most of its gains on rising Italy 10 year bond yield. The Italy 10 year bond yield rose sharply more than 10 % in past two trading session. The yield spread between Germany and Italy has widened to 333 bpbs from 270 basis point.The pair has lost nearly 50 pips from high of 1.14723. It is currently trading around 1.14150.
Technically near term resistance is around 1.14750 (55- day EMA) and any break above targets 1.1500/1.15500. The pair should break above 1.16200 for further bullishness.
On the lower side, near term support is around 1.1400 and any violation below targets 1.13600/1.1300.Major trend reversal below 1.12000.
It is good to sell on rallies around 1.1450-525 with SL around 1.1500 for the TP of 1.13600.
Resistance
R1- 1.1475
R2 - 1.1500
R3- 1.1550
Support
S1- 1.1400
S2- 1.1360
S3- 1.1300
