EURUSD trades lower for 3rd consecutive day and is marching towards 1.11069 low made on May 23rd 2019. The main reasons US dollar strength was
US and Sino trade tension. Chinese media says that China has planned to cut exports of rare earth elements to US.
US 10 year bond yield is declining sharply to 2.21% lowest level since Dec 2017. German bund yield extended its free fall and hits lowest level since Jul 2016. The spread between US 10 year yield and German bund has narrowed to 238 basis point from 2558 basis point.
On the lower side, near term support is around 1.1100 level and any violation below will confirm bearish continuation, decline till 1.1020.
The near term resistance is around 1.1150 and any violation above will take the pair to next level till 1.11750/1.1200. It should break above 1.12650 for further bullishness.
It is good to sell on rallies around 1.1155-60 with SL around 1.1200 for the TP of 1.10250.


FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major European Indices
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro- Major Crypto levels and bias summary 



