Ichimoku analysis (1-Hour chart)
Tenken-Sen- 1.17051
Kijun-Sen- 1.17131
EURUSD declined once again after a minor pullback to 1.17500. The fourth stimulus to boost economic growth in the US is preventing the pair from upside. In the German election, left Social Democrats won narrowly against Merkel's Christian Democratic Union of Germany. The demand for Safe-haven continues to rise as Chinese Evergrande's failed to make US dollar-denominated interest payments. It hits an intraday low of 1.16850 and is currently trading around 1.16906.
Technical:
On the higher side, near-term resistance is around 1.1750 and any convincing breach above will drag the pair to the next level 1.1800/1.1850/1.18850/1.1920. The pair's immediate support is at 1.1660, break above targets 1.1660/1.1564.
Indicator (Hourly chart)
Directional movement index – Bearish
It is good to sell on rallies around 1.1718-20 with SL around 1.17600 for the TP of 1.1600.


NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro- Woodies pivot (Major)
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro- Major Pair levels and bias summary 



