EURUSD pared most of its gains as the dollar recovered. It hit a low of 1.11120 a the time of writing and is currently trading around 1.11132.
Intraday bias remains bearish as long as support 1.1150 holds.
Technicals-
The pair is trading below 34- and 55 EMA in the 15 min chart.
The near-term resistance is around 1.1150, a breach above targets 1.11780/1.1190/1.1200. Major bullish continuation only above 1.12150. A jump above will take the pair to 1.12780.The immediate support is at 1.1110 any violation below will drag the pair to 1.1060/1.1000.
Indicator (15 min chart)
CCI (50)- Bearish
Average directional movement Index - Bearish. All indicators confirm a bearish trend.
Sell-on rallies around 1.1120 with SL around 1.1150 for a TP of 1.10600.


FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 



