- Pair is currently trading around 4.1242.
- It made intraday high at 4.1248 and low at 4.1010 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 4.1256.
- A sustained break above key resistance will drag the parity towards 4.1501/4.1786 marks.
- Alternatively, reversal from key resistance will take the parity back around 4.07 and 4.0086 (August 2016 low) levels thereafter.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: EUR/NZD remains under pressure as key support gives way
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: GBP/AUD takes back some lost ground
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally 



