Harmonic pattern formed- Bearish Gartley pattern
Potential Reversal Zone (PRZ)- 1.1340
EURUSD I trading higher for past 7 trading session. It has formed a minor bottom around 1.11850 and jumped nearly 120 pips. The jump was mainly due to technical pullback. Markets have digested dovish ECB policy and Fed minutes. US PPI data came yesterday was slightly better than forecast and markets eye UoM consumer sentiment data.The pair hits high of 1.13099 and is currently trading around 1.13087.
The yield spread between US 10 year and German bunds has widened from 241 basis point to 251 basis point.
On the higher side,1.1350 (100- day MA) and any violation above targets 1.1380/1.14200.Any break above 1.1450 confirms minor trend reversal.
The near term support is around 1.1274 (20- day MA) and any break below confirms slight weakness and a dip till 1.1230/1.1200 is possible. Any break below 1.11760 confirms that bullish trend has stopped at 1.14482 and decline till 1.1100 is possible.
It is good to sell on rallies around 1.13350-370 WITH SL around 1.13800 for the TP of 1.1255/1.1200.


FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Pair levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Pair levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/AUD bears maintain upper hand
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Woodies pivot (Major)
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 



