USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
0.7870 Break Looms – Next Stop 0.7800 for USDCHF? 
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900 
FxWirePro-Major European Indices 
FxWirePro- Woodies Pivot(Major) 
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
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• EUR/AUD rally extended towards 1.5590 on Friday as the European Central Bank's optimism on the economic outlook boosted euro.
• There were few surprises from the ECB at Thursday's meeting and the hawks remained quiet . But the central bank predicted a strong economic rebound in 2021,.
• EUR/AUD bulls confidence is running high, a test of the 1.5654 (Higher BB) highly seems likely.
• From a technical viewpoint, RSI is strongly bullish at 56, daily momentum studies, 5, 10 and 21 daily MAs all climb.
• Immediate resistance is located at 1.5620 (38.2%fib), any close above will push the pair towards 1.5660 (Higher BB).
• Immediate support is seen at 1.5549 (50% fib) and break below could take the pair towards 1.5503 (21 DMA).
Recommendation: Good to buy on dips around 1.5590, with stop loss of 1.5500 and target price of 1.5650.
