FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
• EUR/AUD strengthened on Wednesday as softer than expected Australian inflation data weighed on Australian dollar.
• Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) rose 6.8% in the year to February, the slowest rise since June of last year.
• The pair currently is approaching resistance at 23.6%fib . A break above would unmask 1.6300 level in the short term.
• From a technical viewpoint, RSI is strongly bullish at 67, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
•Immediate resistance is located at 1.6270(23.6%fib), any close above will push the pair towards 1.6388 (Higher BB).
• Immediate support is seen at 1.6159 (38.2%fib) and break below could take the pair towards 1.6101 (11DMA).
Recommendation: Good to buy on dips around 1.6220, with stop loss of 1.6120 and target price of 1.6300
