• EUR/AUD strengthened on Tuesday as euro was aided by above-forecast euro zone PMI data.
• At GMT 20:14, the pair was trading up 0.17 percent at 1.5572 after reaching daily low at 1.9144.
• The pair currently is approaching support at 1.5605( 38.2%fib). A break under 1.5605 would unmask 1.5700 level in the short term.
• Technical signals are bullish as RSI is rising, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.5605( 38.2%fib), any close above will push the pair towards 1.5728(50%fib)
• Support is seen at 1.5551 (21DMA ) and break below could take the pair towards 1.5495 (23.6%fib).
Recommendation: Good to buy around 1.5550, with stop loss of 1.5500 and target price of 1.5670.


FxWirePro- Major European Indices
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary 



