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: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro- Major Pair levels and bias summary
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: AUD/USD cedes early gains ,outlook bearish
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red 



