EURUSD has broken major support of 1.1300 after a long consolidation. The pair hits intraday low of 1.12400 for the day. The major reason for the slump in Euro was policy divergence between US Fed and ECB , Italian budget deficit problem and widening of spread between Italy 10 year and German bund. It is currently trading around 1.12550.
On the lower side, near term trend line support is around 1.12400 and any break below targets 1.1200/1.1150 level.
The major trend reversal only above 1.15000 and any violation above targets 1.16200. Major bullishness only above that level. The near term resistance is around 1.13000 (23.6% fib) and any break above targets 1.13600 (5- day MA)/1.1400.
It is good to sell on rallies around 1.13000 with SL around 1.13600 for the TP of 1.11600.


Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 



