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FxWirePro: EUR/AUD heads deeper into bear territory, 1.6512 a key barrier 
FxWirePro- TRXUSD (Chart of the day) 
FxWirePro: EUR/ NZD gently bid,a close above a key level needed to tighten grip 
FxWirePro- Major Pair Levels and Bias Summary 
FxWirePro: GBP/NZD maintains bullish bias with focus on 2.1100 level 
FxWirePro: GBP/AUD rebounds, critical resistance lies ahead 
FxWirePro: EUR/NZD steadies as Eurozone PMI data helps longs take the reins 
FxWirePro: GBP/AUD recovers from initial decline, bias is bullish 
FxWirePro: EUR/AUD edges up, may have another go at key resistance 
FxWirePro: GBP/NZD consolidates around 2.0980,bias is bullish 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD propelled towards 2.0990 by strong UK PMI data, good to buy on dips 
- EUR/GBP extends decline after rejection at daily cloud, bias slightly bearish.
- The pair has slipped below 5-DMA 0.8938 and is trading a narrow range on the day.
- Focus remains on EZ consumer confidence, German October manufacturing PMI and ECB policy rate decision for further impetus.
- Technical studies have turned slightly bearish, RSI has fallen below 50 levels and Stochs are biased lower.
- 20-DMA at 0.8892 offers strong support, break below will accentuate weakness. Scope then for test of 200-DMA at 0.8748.
- On the flipside, we see upside only on break above daily cloud at 0.9025.
Recommendation: Watch out for break below 20-DMA to go short.
FxWirePro Currency Strength Index: FxWirePro's Hourly EUR Spot Index was at 10.7931 (Neutral), while Hourly GBP Spot Index was at 48.1729 (Neutral) at 0940 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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