- As noted in our previous call (http://www.econotimes.com/FxWirePro-EUR-AUD-faces-major-resistance-at-200-DMA-further-upside-only-on-break-above-391547), the pair remained capped below 200-DMA.
- We see resumption of downside as volatilty settles post U.S. election.
- Technicals are bearishly aligned, bearish invalidation only on close above 20-DMA 1.4345.
- Major support levels - 1.4612 (50% Fib), 1.45 (38.2% Fib), 1.4480 (trendline), 1.4381 (20-DMA).
- Major resistance levels - 1.4726 (61.8% Fib), 1.4908 (200-DMA), 1.5096 (Sept 15 high).
Recommendation: Good to sell rallies around 1.4260, SL: 1.43, TP: 1.42/ 1.4185/ 1.4130


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major European Indices 



