- EURUSD hits 27- month high of 1.20700 in previous week and started to decline from that level. The pair dipped till 1.18230 and shown a minor jump till 1.19795 after weaker than expected U.S jobs data.
- The pair faces major trend line resistance at 1.19600 (trend line joining 1.20700 and 1.19795) and any break above will take the pair to next level till 1.2000/1.2070 (161.8% fibo).
- In the weekly chart the pair has formed bearish divergence and stochastic also shows over bought.
- On the lower side, any break below 1.18170 (21- day EMA) will drag the pair to next level till 1.17500 (200- W MA)/1.1700/1.16620 (Aug 17th 2017 low).
It is good to sell on rallies around 1.1955-1.19600 with SL around 1.2020 for the 1.18200/1.1750


FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro- Woodies Pivot(Major)
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro- Major Pair levels and bias summary
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/NZD edges lower but bullish outlook persists
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro- Major Crypto levels and bias summary
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 



