Potential Reversal Zone (PRZ) -1.0660
- EUR/USD breaks trend line support 1.0660 (trend line joining 1.08180 and 1.06740) and is currently trading around 1.06580.
- Markets eye German ZEW and US CPI for further direction. German ZEW is expected to increase to 8.4 from 1.9. The indicator has been declining throughout pair is expected to show a slight jump till 1.06800 if ZEW data comes as expected.
- If German ZEW economic sentiment data comes above 12.1 (Sep Month data) EUR/USD is expected to reach till 1.0720 levels.
- If data comes below expectations of (below 1.9) a decline till 1.0600/1.0570 is possible.
- Technically pair's minor support is around 1.0650 and break below will drag the pair further down till 1.0600/1.0570 level.
- On the higher side major intraday resistance is around 1.0703 and break above targets 1.0720/1.0765 level.
- Overall bearish invalidation only above 1.0830.
It is good to sell on rallies around 1.0705-710 with SL around 1.0765 for the TP of 1.0650/1.0600


Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
FxWirePro- Woodies Pivot(Major)
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro: GBP/USD recovers but bears are not done yet again
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 



