• EUR/AUD declined on Thursday as easing fears of fallout from the Omicron coronavirus variant supported higher risk currencies such as the Australian dollar .
• The pair is currently approaching support at 1.5617,break below is likely to push the pair further downside towards 1.5500.
• Technical signals are bearish as RSI is at 43, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.5713( 50%fib), any close above will push the pair towards 1.5750(9DMA)
• Immediate support is seen at 1.5617 (38.2%fib ) and break below could take the pair towards 1.5504 (23.6%fib).
Recommendation: Good to sell around 1.5660, with stop loss of 1.5720 and target price of 1.5500.


FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/ZAR edges higher but bearish outlook persists 



