- Major support – 107.40 (trend line joining 105.61 and 107.08)
- The pair declined till 107.54 at the time of writing after making a high of 108.45. It is currently trading around 107.74.
- In the hourly- chart the pair trades slightly above Tenkan-Sen (107.76) and Kijun-Sen (107.37). So a short term weakness only below 107.40.
- Any violation below 107.40 will drag the pair down till 107.05/106.76 (55 H EMA).
- On the higher side, resistance is at 108.13 (61.8% retracement of 108.45 and 107.54) and any indicative break above targets 108.45/109.10/110.
It is good to buy at dips around 107.65-107.70 with SL around 107.40 for the TP of 108.45/109.10


EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 



