• EUR/AUD initially gained on Friday but gave up ground as investors appeared unwilling to take a risk on bullish signs as long as the Russia-Ukraine conflict remained a threat.
• Recent recovery attempt has been short- lived as Investors kept their focus on Ukraine.
• Technicals continue to highlight downside risks as RSI is heading down at 28, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.5088 ( 50% fib), any close above will push the pair towards 1.5221(11DMA)
• Support is seen at 1.4907(38.2%fib ) and break below could take the pair towards 1.4694(23.6%fib).
Recommendation: Good to sell on rally around 1.5020, with stop loss of 1.5100 and target price of 1.4900.


Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro- Major Crypto levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD moves lower on weak UK data
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 



