EUR/USD trades in a narrow range after forming a minor top at 1.16676. It hits an intraday low of 1.16430 and is currently trading around 1.16433. Intraday trend remains neutral as long as resistance 1.1670 holds.
The pair is holding above the 55 EMA, below the 200 EMA, and the 365 EMA in the 4-hour chart. Near-term resistance is seen at 1.1670; a break above this may push the pair to targets of 1.1700/1.1765/1800/1.1835/1.1850/1.1920. On the downside, support is seen at 1.15750; any violation below will drag the pair to 1.1540/1.1480/1.1435.
Market Indicators and Trading Strategy
Commodity Channel Index (CCI)- Bullish
Average Directional Movement Index (ADX) - Bullish
It is good to buy on dips around 1.1620 with a stop-loss at 1.1570 for a target price of 1.1765.
3


FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/USD cedes early gains ,outlook bearish
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro: USD/CAD downside pressure builds, key support level in focus
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
AUDJPY Surges to One-Month High on Australian Dollar Strength 



