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FxWirePro- Major European Indices 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
- EUR/USD has jumped sharply on Friday after weaker than expected U.S economic data The pair formed minor bottom around 1.13700 on Jul 13th 2017 and is currently trading around 1.145360.
- U.S CPI data came unchanged at 0% compared to forecast of 0.1% rise m/m and retail sales declined 0.2% in month of Jun compared to forecast of 0.2% rise.
- Technically, the pair is facing strong support at 1.13700 and any minor weakness can be seen only below that level. Any break below 1.13700 will drag the pair till 1.12900. It should close below 1.12900 for major trend reversal.
- On the higher side, minor near term resistance is around 1.1450 and any break above will take the pair till 1.1500/1.15600.
It is good to buy on dips around 1.1430 with SL around 1.1365 for the TP of 1.1500/1.1560.
