FxWirePro- Woodies Pivot (Major) 
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength 
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices 
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level 
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: USD/CAD loses upside momentum but outlook is bullish 
FxWirePro- Major Crypto levels and bias summary 
JPY Major Currency Score 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD neutral in the near term, scope for further upside 
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes 
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum 
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data 
Add as a preferred source on Google
The currency pair trades well below the 0.9000 level on board-based US dollar selling. It hit a low of 0.89411 and is currently trading around 0.89435. The intraday bias appears to be bearish as long as the resistance 0.9000 holds.
Markets eye Richmond manufacturing index and CB consumer confidence today for further direction.
Technical Analysis and Resistance Levels
The pair is trading below the 34-EMA and 55-EMA on the 4-hour chart indicating a mixed trend. The immediate resistance is at 0.9000 any break above targets 0.9035/0.9070/0.9100/0.9150/0.9200/0.92250/0.9275/0.9030.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8940, any violation below will drag the pair to 0.8890/0.8800.
Indicators
CCI (50) - Bearish
Directional movement Index - neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.9000 with a stop-loss at 0.9040 for a TP of 0.8940/0.8900.
