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FxWirePro- Major Pair levels and bias summary 
EURUSD has halted its four days of continuous jump of more than 150 pips after hitting 6-month low. The jump was due to broad based US dollar selling and also due to shift to riskier assets after positive Brexit reports. The pair hits high of 1.13384 and is currently trading around 1.13174.
The yield spread between US and German bund has narrowed to 254 basis point from 259 basis point in two trading days. With no major economic data in European session market eyes UoM Consumer Sentiment for further direction.
On the higher side near term major resistance is around 1.1342-48 (200 4 H MA and 300-4H EMA) and any violation above will take the pair to next level till 1.13805 (61.8% fib)/1.14200.
The near term support is around 1.1297 (20- 4H MA) and any break below will drag the pair to next level till 1.12600/1.12380. Any break below 1.12150 will drag the pair till 1.11760/1.1150.
It is good to buy on dips around 1.12950 with SL around 1.1250 for the TP of 1.14180.
