FxWirePro- Major US Indices 
FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro-Major European Indices 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
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- EUR/USD has pared some of the gains made yesterday on account of escalating trade tensions between US and China. China has started to devalue its currency once again. A weaker yuan is good for Chinese exports. US 10 year yield hits 2- week high at 2.8940% and US 2- year yield is trading near 10 year high at 2.6180. The spread between 2 year and 10 year yield is narrowed to 25 basis point and it is also supporting USD.
- EUR/USD’s near term support is around 1.1600 and any convincing break below will drag the pair to next level till 1.1500.Any break below 1.1500 confirms minor weakness and decline till 1.1400/1.13600 is likely.
- On the higher side, near term resistance is around 1.1655 (20- day MA) and any break above will take the pair to next level till 1.1700/1.1745.
It is good to sell on rallies around 1.1605-610 with SL around 1.1660 for the TP of 1.1500.
