EURUSD is trading in narrow range for past two trading day. The pair jumped till 1.13665 yesterday after weaker than expected US durable goods and Philly fed manufacturing index. US durable goods rose 1.2% in Dec but US core capital goods orders declined to -1.0% compared to -0.6% in previous month.Philly Fed manufacturing index declined sharply to -4.1 from 17 in Jan. The pair hits low of 1.13208 yesterday and is currently trading around 1.13414.
Markets eye German IFO Business climate and ECB Draghi speech for further direction.
The near term resistance is around 1.1379-87 (300- 4H EMA and 200- 4H MA) and any violation above targets 1.1435/1.1500. The pair should convincingly break 1.1500 for further direction.
On the lower side, near term support is around 1.13200 and any break below will drag the pair till 1.12670/1.12300. Any further weakness only below 1.12150.
It is good to buy on dips around 1.1335 with SL around 1.1300 for the TP of 1.1435


FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro- Major Crypto levels and bias summary
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 



