•EUR/USD declined sharply yesterday after hawkish Fed statement. The pair dipped till 1.18605 yesterday.
•It has formed a temporary top around 1.20925 high made on Sep 8th 2017. It is currently trading around 1.1911.
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•The pair facing resistances around 1.19500, 1.2000 & 1.2033 [Yesterday's high]. Bullish continuation can be seen only above 1.20925.
•On the lower side, near term intraday support is around 1.1860 - 1.1850 (H4 200 SMA & trend line joining 1.13116 and 1.13705) and any break below will drag the pair down till 1.18223 (Aug 31st 2017 low) and1.1800.
It is good to sell on rallies around 1.1955-1.1960 with SL around 1.1202 for the TP of 1.1860 -1.18230.