The EUR/USD did recuperation in Asia to 1.1948 from the two-week low of 1.1915, be that as it may, a sharp ascent in the US Treasury yield demonstrates the 10Y US-German spread could ascend in USD-positive way. 

The 10-year yield shut over 2.5 percent yesterday out of the blue since March 2017. As of now, the spread stands at 209 Premise Focuses (bps) and an infringement at 209.50 premise focuses (December high) would open entryways for a sharp ascent to 215-219 bps. Consequently, the uptick in the EUR/USD could be brief. 

The EUR may discover offers if the Bund yields outpace Treasury yields. All things considered, the specialized graphs support advance misfortunes in the match. 

Bearish inside day inversion (Friday's bearish inside day flame and a negative complete this week) shows a transient bullish-to-bearish pattern change. Further, bearish 5-day MA and 10-day MA hybrid demonstrate the degree for facilitate misfortunes. Along these lines, bolster at 1.1885 (38.2% Fib R of Nov low-Jan high) could be put to test. 

"In the 4 hours outline, the 20 SMA increased descending quality over the present level, while the cost battles around a bullish 100 SMA, likewise with the half retracement of the most recent three-week rally. In a similar diagram, specialized pointers came to oversold conditions, with the Momentum expecting to skip however the RSI as yet heading lower, right now at 27, in accordance with extra decays ahead toward 1.1875, the 61.8% retracement of the said rally." 

Bolster levels: 1.1910 1.1875 1.1830 

Protection levels: 1.1960 1.2000 1.2030