• EUR/AUD steadied on Monday as investors awaited data this week for clarity on the economic outlook.
• Their focus now lies on key inflation data, including that of the U.S. and the euro zone, through the week.
• A rally towards 1.6900 is possible if EUR/NZD bulls overcome resistance at 1.6848( 23.6%fib).
• Technical signals are turning bullish as RSI is turning higher at 59, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.6848( 23.6%fib), any close above will push the pair towards 1.6888 ( Sep 5th high)
• Strong support is seen at 1.6765(5 DMA ) and break below could take the pair towards 1.6721 (38.2% fib).
Recommendation: Good to buy around 1.6770 with stop loss of 1.6700 and target price of 1.6850


FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD moves lower on weak UK data
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



