- EURUSD has formed a temporary top around 1.19097 and declining sharply from that level. The pair declined till 1.16885 yesterday. It is currently trading around 1.7202.
- Market awaits US PPI and CPI data to be released this week for further direction. The yiled spread between US 10 year and German bund is widening and this confirms minor top has been formed by Euro and slight decline is possible.
- On the lower side, 1.16500 will be acting as minor support and any break below will drag the pair down till 1.15980 (23.6% retracement of 1.05694 and 1.19098)/1.1500.
- EURUSD shown a minor jump above 1.1800 on Tuesday and started to trade below that level. Short term trend is still weak as long as resistance 1.18250 holds. Overall bullish continuation can be seen above 1.1910. The near term resistance is around 1.1770 and break above targets 1.1800/1.18250.
It is good to sell on rallies around 1.17250-1.17300 with SL around 1.1800 for the TP of 1.1600/1.15250.


FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD recovers slightly but trend is still bearish
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 



