FxWirePro- EURUSD Daily Outlook    

Ichimoku analysis (4-Hour chart)
    
 Tenken-Sen- 1.18193

 Kijun-Sen- 1.17900

EURUSD regained sharply after a minor decline below the 1.1800 level.  The weak US private jobs data and upbeat market mood are dragging the US dollar index.  The Euro is supported by hawkish comments by ECB members Knot and Holzman. It hits an intraday high of 1.18517 and is currently trading around 1.18456.
Economic data:
The US ISM manufacturing index came at 59.9% in August compared to the forecast of 58.5%, increased for the 15th consecutive month. The private payrolls surged to 374000 lower compared to an estimate of 640000. Markets eye US initial jobless claims for further direction.
Technical:
On the higher side, near-term resistance is around 1.18600 and any convincing breach above will take to the next level 1.18850/1.1920. The pair's near-term support is at 1.1780, break below targets 1.1750/1.1700/1.1660. 

Indicator (4-hour chart)
 
CAM indicator-Bullish 
 
Directional movement index – Bullish 

It is good to buy on dips around 1.1820 with SL around 1.1780 for the TP of 1.1900.