- EUR/USD is trading very flat for the past two trading session. The pair hits high of 1.24120 on Tuesday and pared some of its gains in the past two days. Euro was trading slightly positive amid good jump in US 10 year bond yields. The yield difference between US 10 year bond and German yields is above 230 basis point highest level since late Dec 2016.During that time Euro declined to 14 year low. But higher risk due to Trump trade policies is preventing dollar to get strengthened. It is currently trading around 1.23712.
- The pair is facing minor near term support is around 1.2335 and any break below will drag the pair down till 1.2320 (20- day MA)/1.2300/1.2260. Overall bearish continuation below 1.2165.
- On the higher side, near term resistance is around 1.2400 and any convincing break above will take the pair to next level till 1.24450 (Mar 7th 2018 high)/1.2470.Major bullishness only above 1.2550.
It is good to buy on dips around 1.2355-60 with SL around 1.2315 for the TP of 1.2445/1.24700.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
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: USD/ZAR edges higher but bearish outlook persists
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 



