EURUSD has once again declined after a report from Bloomberg stated that US-China moves closer to a deal. It has lost more than 20 pips and hits a level of 1.10674. The Overall trend is neutral, any major upside-only beyond 1.1100 level. It is currently trading around 1.10739.
Markets eye important economic data such as US ADP employment and US ISM services index for further direction.
The US 10- year yield has increased more than 2.55 for the day and spread between US and German has slightly widened to 208 bps from 204 bps.
Technically near term major resistance is about 1.110, violation past will take the pair to next level till 1.1180. Major trend reversal only beyond 1.1180.
On the flip side, minor support is nearby 1.10600 and any indicative break beneath will drag the pair 1.10300/1.1000. Major weakness only under 1.0980 level.
FxWirePro: EURUSD trades flat, any break above 1.1100 targets 1.1180


FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD holds narrow range, focus on near-term support
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
FxWirePro- Major Pair levels and bias summary 



