- EUR/USD pared some of its losses in European session after hitting low of 1.21560 slightly near to Jan 2018 low. Market eyes ECB monetary policy meeting which is to be released today for further direction. US 10 year bond yield broken 3% level and hits high of 3.035%. it is currently trading around 3%.
- ECB is expected to keep its monetary policy and language same in today’s ECB rate decision and in press conference. Any changes in policy stance will be revealed only during June meeting.
- The pair is facing minor near term support is around 1.2150 and any break below will drag the pair down till 1.2100/1.2060. Short term bearish continuation below 1.2150.
- On the higher side, near term resistance is around 1.2200 (55- H EMA) and any convincing break above will take the pair to next level till 1.2245/1.2290.Major bullishness only above 1.2550.
It is good to sell on rallies around 1.2220 with SL around 1.2260 for the TP of 1.2150/1.2100.


EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/AUD moves lower on weak UK data
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major European Indices
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 



