- Major support – 1.1160 (May 22nd 2017 low).
- EURO declined sharply from the high of 1.12680 in the previous week on account of positive U.S economic data.
- In the U.S sales of new and existing homes in April came in weaker than expected but upward revision in U.S first quarter GDP to 1.2% has boosted the U.S dollar strength.
- Technically the pair is trading weak and is struggling to break above 1.12678 confirms minor weakness and any further bullishness can be seen above 1.12678.Any violation above will take the pair to next level till 1.1300 Nov 2016 high/1.13660.
- On the lower side, any break below 1.1160 will drag the pair down till 1.110 (23.6% retracement of 1.105694 and 1.12678)/1.1050/1.1000.
It is good to sell on rallies around 1.1180 with SL around 1.1250 for the TP of 1.1100/1.1050.


FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro-Major European Indices
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro- Woodies Pivot(Major) 



