EURUSD continues to trade higher for past 1-week and hits new 2 week high at 1.13616 after declining to 6-month low on Mar 7th 2019. The jump was due to positive Brexit news and broad based US dollar selling.German ZEW economic Sentiment came at -3.6 points compared to forecast of -11.0. It is currently trading around 1.13551.
The yield spread between US and German bund has narrowed to 250 basis point from 259 basis point and for 2 year spread hits 11-month low is supporting Euro. With no major economic data today markets eye US Fed monetary policy.
On the higher side near term major resistance is around 1.13625 (trend line resistance) and any violation above will take the pair to next level till 1.13805 (61.8% fib)/1.14225/1.1500.
The near term support is around 1.13450 (55- day EMA) and any break below will drag the pair to next level till 1.12970/1.12600/1.12380. Any break below 1.12150 will drag the pair till 1.11760/1.1150.
It is good to buy on dips around 1.13450 with SL around 1.1300 for the TP of 1.1425/1.1500.


FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Crypto levels and bias summary
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Woodies pivot (Major)
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 



