EURUSD recovered slightly more than 40 pips after hitting a low of 1.11294. US housing data came better than expected with building permits rose 1.4% m/m at 1.4.482m in Nov vs forecast of 1.410m, housing starts at 1.365m vs 1.340m. The positive developments in the US and China trade talks are supporting euro prices at lower levels. The dollar index rebounded from a low of 96.59 and hits high of 97.30.
Technically, support is around 1.110 and violation underneath will drag down to 1.10680. The intraday weakness can be seen only if the pair closes below 1.10680, a dip till 1.10350 likely.
On the higher side, important resistance is around 1.1180 and the violation beyond will take the EURUSD till 1.1250/1.12880.
It is good to buy on dips around 1.1135-38 with SL around 1.1100 for the TP of 1.1245.


FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



