Post Paris-terror attacks saw the common currency hit three-month low of 0.70227 pence against the Pound Sterling.
- The pair was rejected at lows, has edged above the trend-line support at 0.7040 and is currently trading at 0.7054
- Daily Stochs are at oversold levels, waiting for some unwinding to happen. Close above 0.7040 confirms bullish bias
- Immediate resistance is located at 0.7074 (5 DMA), while support on the downside is seen at 0.7031 (Aug 19 lows)
Recommendation: Good to buy on dips around 0.7040/50, SL: 0.6980, TP1: 0.7100, TP2: 0.7145
Bullish invalidation on breaks below 0.6925.


Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: USD/ CNY gains some upside momentum but still bearish
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Major European Indices
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro- Major Pair levels and bias summary
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 



