Pound Strike Forces EURGBP Retreat – Next Stop 0.8660? 
0.7870 Break Looms – Next Stop 0.7800 for USDCHF? 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92 
FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro-Major European Indices 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY extends fall as yen rises on intervention fears 
FxWirePro- Major Crypto levels and bias summary 
• EUR/AUD gained on Wednesday as Australian dollar weakened as risk appetite took a beating.
• Aussie was also sabotaged by news China's Dalian Commodity Exchange was proposing to decrease the standard iron substance requirement in its flagship future.
• The pair, already trading higher on the day, extended its gains to hit high at 1.5630 after release of US CPI data.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 57 bullish, daily momentum studies 9, 10 and 11 DMAs are trending up.
• Immediate resistance is located at 1.5630 ( Higher BB), any close above will push the pair towards 1.5681 (23.6%fib).
• Strong support is seen at 1.5600 (38.2%fib) and break below could take the pair towards 1.5530 (50%fib).
Recommendation: Good to buy on dips around 1.5570, with stop loss of 1.5500 and target price of 1.5670.
