FxWirePro- Woodies Pivot(Major) 
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Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.08446
Kijun-Sen- 1.07923
EURUSD showed a nice pullback after hawkish comments from ECB officials. ECB chief economist Philip Lane said in an interview emphasized that the central bank signals more rate hikes until inflation returns 2% target. It hits an intraday low of 1.08504 and is currently trading around 1.08434.
US pending home sales rose 0.80% unexpectedly for a third month, compared to a forecast of -2.8%.
Major economic data for the day
Mar 30th, 2023 US Final GDP q/q (1:30 pm GMT).
Unemployment claims (1:30 pm GMT)
According to the CME Fed watch tool, the probability of a no-rate hike in Mar increased to 54.1% from 50.1% a week ago.
The US 10-year yield surged nearly 10% after forming a minor bottom of 3.287%. The US 10 and 2-year spread narrowed to -53.6% from -108%.
The pair trades above short-term 21 EMA, 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any indicative break above 1.08720 confirms intraday bullishness, a jump to 1.0900/1.09299 is possible. The near-term support is around 1.08000. The breach below targets 1.07600/1.0700.
Indicator (4-hour chart)
CCI – Bullish
Directional movement index – neutral
It is good to buy on dips around 1.0800 with SL around 1.0760 for a TP of 1.0900.
