FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
- EURUSD is showing a major recovery of almost more than 125 pips after hitting new 2018 low of 1.8228. US CPI data came at 0.2% for the month of Apr compared to forecast of 0..3%. the slight decline in inflation has reduced chance of drastic rate hike by US fed. US 10 year bond yield has decline more than 2% to 2.95. It is currently trading around 1.1945.
- US dollar index has declined sharply after hitting high of 93.42 yesterday. Any convincing close below 92.50 will take the index till 91.95 (200 –day MA). Market eyes US CPI data which is to be released for further direction.
- On the lower side, near term support stands at 1.1800 and any break below targets 1.17120 (38.2% fibo)/1.1600.
- The near term resistance is around 1.1950 and any break above will take the pair to next level till 1.1970/1.200. The pair should close above 1.2020 for further upside.
It is good to sell on rallies around 1.1935-40 with SL around 1.2020 for the TP of 1.1800/1.1715.
