EURUSD pared most of its gains made yesterday. The pair hits high of 1.1550 and declined sharply more than 100 pips on account of broad based dollar buying and huge slump in stock market. The Italian yield shown a minor jump of 10% from low of 3.26% and is currently trading around 3.45%. German 10 year bund yield has slumped more than 10% and spread between German bund and Italy yield has increased by 18 basis point to 300 basis point.
Technically the pair is strong resistance at 1.1560 (20- day MA) and any minor bullishness only above that level. Any convincing break above targets 1.16212 high made on Oct 16th
On the lower side, any break below 1.14300 confirms bearish continuation. The minor support is around 1.1500.
It is good to sell on rallies around 1.1500-25 with SL around 1.15500 for the TP of 1.1305.


FxWirePro- Major European Indices
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro- Woodies Pivot(Major)
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro- Major Crypto levels and bias summary
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 climbs to 4 -week high as ceasefire deal gives bulls traction
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major European Indices 



