• EUR/AUD initially dipped but recovered ground on Friday as investors digested German economic data and awaited fresh catalyst.
•Official data released on Friday showed that the number of unemployed people in Germany surpassed 3 million in January, with the unemployment rate rising to 6.6%.
•Separate data showed German inflation edged up unexpectedly in January, accelerating to 2.1% year-on-year, beating forecasts that had projected EU-harmonised inflation to remain unchanged at 2.0%.
• On a more positive note, Germany’s GDP rose 0.3% in Q4, beating the 0.2% forecast, while annual growth was confirmed at 0.2%.
• Immediate resistance is located at 1.7168(38.2%fib), any close above will push the pair towards 1.7282(SMA 20).
• Strong support is seen at 1.6913(23.6%fib) and break below could take the pair towards 1.6828(Lower BB).
Recommendation: Good to sell around 1.7050 with stop loss of 1.7120 and target price of 1.6900


FxWirePro:EUR/USD slips as oil supply and conflict fears persist
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets
FxWirePro: USD/JPY edges up, remains on front foot
FxWirePro: GBP/USD dips after US CPI data, key support level in focus
FxWirePro: AUD/USD softens slightly, but remains bid overall
NZDJPY Holds Firm: Bullish Bias Intact Despite Temporary Top at 94.18
Sterling Surge: GBPJPY Eyes 214.00 as Yen Weakness Fuels Five-Day Rally
FxWirePro- Woodies Pivot(Major)
AUDJPY Bullish Momentum Pauses: Profit Booking Offers Fresh Entry Window Near 112.50
FxWirePro- Major European Indices
FxWirePro -Major European Indices
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet
FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows
FxWirePro: GBP/USD drops towards 1.3350 level, heads deeper into bear territory 



