FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
FxWirePro: USD/ CNY gains some upside momentum but still bearish 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro: EUR/AUD poised for further downside after key fibo break 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
FxWirePro- Major US Indices 
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight 
FxWirePro: AUD/USD firms as Australian household spending records sharp jump 
FxWirePro: USD/JPY dips below lower range, bearish bias increases 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro: USD/CAD extends drop, faces 50%fib support 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains 
EUR /USD pair slipped to lower levels in early European session after German industrial output posted its steepest drop in the year. However, the pair managed to recover after hitting strong support level at 1.1234 and is inching towards resistance level located at 1.1289. Any decline should be limited around 1.1180 levels as this area is strongly defended by the bulls. Therefore it's good buy this pair above 1.1200 levels.
- To the upside, the strong resistance can be seen at 1.1318 (Oct 2nd high), a break above this level would take the pair towards next resistance at 1.1354.
- To the downside immediate support can be seen at 1.1234 levels, a break below this level will open the door towards next level at 1.1180.
Recommendation: Go long above 1.1200, targets 1.1270, 1.1320, SL 1.1250
Resistance Levels
R1: 1.1288 (38.2% Retracement level)
R2: 1.1318 (Oct 2nd high)
R3: 1.1354 (23.6% Retracement level)
Support Levels
S1: 1.1234 (50% Retracement level)
S2: 1.1180 (61.8% Retracement level)
S3: 1.1150 (Oct 2nd lows)
