EUR/USD has pared most of its gains made yesterday. It hits high of 1.1622 and started to decline from that level. The pair declined till 1.15483 and is currently around 1.15652. Markets await US fed minutes meeting for further direction. On the data front, German ZEW sentiment came weaker than expected. US Building permits and housing data to be released today will have minor reaction.
On the higher side, near term strong resistance is around 1.1620 (20- day MA) and any break above targets 1.1660/1.1720.The pair should break above 1.1800 for further bullishness continuation.
The near term minor support is around 1.1500 and any violation below targets 1.1460/1.1430. Any convincing break below 1.1430 confirms major bearishness.
It is good to sell on rallies around 1.1600 with SL around 1.1660 for the TP of 1.1500.


FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 



