FxWirePro: GBP/NZD gains some ground but bias is still bearish 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro- Woodies pivot (Major) 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
Ichimoku analysis (1-Hour chart)
Tenken-Sen- 1.17062
Kijun-Sen- 1.17195
EURUSD declined sharply yesterday after hawkish US Fed monetary policy. Fed has kept its rates unchanged at 0% to 0.25% and maintains its $80 billion treasury buying program as expected. The central bank said bond tapering will start by November 2021 and a rate hike may come in 2022. The pair hits an intraday high of 1.17326 and is currently trading around 1.17287. Markets eye US Initial jobless claims and flash manufacturing index for further direction.
Technical:
On the higher side, near-term resistance is around 1.17650 and any convincing breach above will drag the pair to the next level 1.1800/1.1850/1.18850/1.1920. The pair's immediate support is at 1.1660, break above targets 1.1660/1.1564.
Indicator (Hourly chart)
Directional movement index – Neutral
It is good to sell on rallies around 1.1768-770 with SL around 1.18070 for the TP of 1.1660.
