Major Resistance- 1.1500
EUR/USD was trading higher and jumped more than 100 pips after dovish Fed meeting minutes. The Fed minutes meeting shows that Central bank remains cautious on further rate hike and some of Fed members like Atlanta Fed’s head Bostic said that rates could go in either direction was putting further pressure on US dollar.It hits high of 1.15697 and is currently trading around 1.15440.
The pair was facing strong resistance at 100- day MA at1.1479 and closed well above that level.This confirms minor trend reversal and a jump till 1.15900 (
61.8% fib)/1.16450/1.1700.
On the lower side, near term support is around 1.14750 (100- day MA) and any break below targets 1.1435/1.1415/1.1350. It should break below 1.1300 for further direction.
It is good to buy on dips around 1.1505-10 with SL around 1.14500 for the TP of 1.1645.


FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Crypto levels and bias summary
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro- Major European Indices
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major Crypto levels and bias summary 



