• EUR/AUD initially dipped on Thursday but rebounded sharply as investors cheered Fed signalling smaller interest rate hikes
• Investors also looked past data that showed German retail sales fell more-than-expected in October.
• Technical signals are bullish as RSI is at 51, momentum studies, 5, 10 & 21 DMAs are trending up.
• Immediate resistance is located at 1.5439 ( 38.2%fib), any close above will push the pair towards 1.5489 (23.6%fib)
• Strong support is seen at 1.5403 (38.2 %fib ) and break below could take the pair towards 1.5338 (5DMA).
Recommendation: Good to buy on dips around 1.5430 with stop loss of 1.5350 and target price of 1.5500


FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: NZD/USD downside pressure builds, key support level in focus
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major Pair levels and bias summary
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 



