EURUSD recovered slightly more than 40 pips after hitting a low of 1.11294. US housing data came better than expected with building permits rose 1.4% m/m at 1.4.482m in Nov vs forecast of 1.410m, housing starts at 1.365m vs 1.340m. The positive developments in the US and China trade talks are supporting euro prices at lower levels. The dollar index rebounded from a low of 96.59 and hits high of 97.30.
Technically, support is around 1.110 and violation underneath will drag down to 1.10680. The intraday weakness can be seen only if the pair closes below 1.10680, a dip till 1.10350 likely.
On the higher side, important resistance is around 1.1180 and the violation beyond will take the EURUSD till 1.1250/1.12880.
It is good to buy on dips around 1.1135-38 with SL around 1.1100 for the TP of 1.1245.


FxWirePro: USD/ZAR erases early gains ,looking vulnerable
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro- Woodies pivot (Major)
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD eases slightly but trend is still bullish
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50 



