• EUR /AUD slipped below 1.6400 level on Tuesday as Australian dollar continued to gain traction against euro benefited from help provided by iron-ore and gold rally
• Iron ore futures prices continued to rise for a second consecutive session on Tuesday,while gold hit record high on buying momentum, geopolitical risks.
• EUR/AUD chart has taken a turn for the worse after today’s drop.Overall risk is growing for a bigger drop to towards 1.6300 level.
• Technical signals are bearish as RSI is at 35 daily momentum studies 9, 11 and 21 DMAs are trending down.
• Immediate resistance is located at 1.6436 (50% fib), any close above will push the pair towards 1.6446 (5EMA).
• Immediate support is seen at 1.6378 (38.2%fib) and break below could take the pair towards 1.6324(Jan 12th low).
Recommendation: Good to sell around 1.6400, with stop loss of 1.6480 and target price of 1.6320


AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



