EUR/GBP topside capped by 21 DMA at 0.7079, further bullishness only on breaks above.
- 21 DMA at 0.7079 continues to exert bearish pressure on EUR/GBP, recovery attempts in the pair have been capped at 21 DMA
- Breaks above could target 0.7100 (23.6 % Fibo of Oct 13 to Nov 17 fall) and then 0.7126 (Daily High Nov 10)
- Mooted offers at 0.71 are an appreciation obstacle beyond 21DMA, 0.7100 option expiry today, E309mn strike. 0.7098 = Nov 13 Ldn am high
- On the downside support is seen at 0.6982 (Daily Low Nov 18), breaks below could see the pair at 0.6970 (Daily Low Aug 6)
Resistance Levels:
R1: 0.7081 (21 DMA)
R2: 0.7108 (Daily High Nov 12)
R3: 0.7126 (Daily High Nov 10)
Support Levels:
S1: 0.7037 (10 DMA)
S2: 0.7018 (Daily Low Nov 24)
S3: 0.6982 (Daily Low Nov 18)


EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies
FxWirePro: EUR/NZD gaining momentum for a move towards 2.0100 level
Major Currency Pair Scores: USD/CHF Signals Strong Bullish Momentum as NZD/USD Turns Heavily Bearish
FxWirePro: USD/ZAR hits three-week high after hot U.S. PPI data
FxWirePro: EUR/AUD scales one-week peak after ECB rate hike
FxWirePro: EUR/AUD dips below 1.6200 level ,vulnerable to more downside
FxWirePro: USD/CAD maintains bullish bias with focus on 1.4000
FxWirePro: NZD/USD falls as stronger dollar weighs on kiwi
FxWirePro: GBP/AUD struggle to extend its recovery, good to sell on rally
FxWirePro: USD/JPY advances ahead of Fed and BOJ rate decisions
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data 



