FxWirePro: EUR/AUD heads deeper into bear territory, 1.6512 a key barrier 
FxWirePro GBP/NZD sinks to two-week low with plenty more downside potential 
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FxWirePro: EUR/ NZD gently bid,a close above a key level needed to tighten grip 
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FxWirePro: EUR/AUD bulls rebuilding within solid support at 1.6405 
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FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD consolidates around 2.0980,bias is bullish 
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FxWirePro: EUR/NZD steadies as Eurozone PMI data helps longs take the reins 
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FxWirePro: GBP/NZD propelled towards 2.0990 by strong UK PMI data, good to buy on dips 
• EUR/ AUD strengthened on Tuesday and was threatening to break above the 38.2% fibo of resistance ahead of Wednesday's highly anticipated July U.S. CPI report.
• As-expected or below estimate results should send hope of higher U.S. rates lower as investors may expect the Fed to take a less hawkish stance.
•The pair currently is approaching resistance at 1.9683 (38.2% fib). A break above will unmask 1.4800 level in the short term.
•Immediate resistance is located at 1.4684 (38.2%fib), any close above will push the pair towards 1.4795(50%fib).
• Support is seen at 1.4650(14DMA) and break below could take the pair towards 1.4540 (23.8%fib).
Recommendation: Good to buy around 1.4660, with stop loss of 1. 4530 and target price of 1. 4770
