• EUR/AUD declined on Wednesday as euro attracted sellers amid the growing European financial turmoil.
• Credit Suisse shares fell 24% and there were growing calls for the Swiss National Bank to step in and at least verbally support the bank..
• A rally towards bigger resistance (1.6087) zone is possible if EUR/AUD bulls overcome resistance at 1.6057(38.2% fib).
• Technical signals are bullishas RSI is at 61, daily momentum studies 9, 11 and 14 DMAs are trending up.
• Immediate resistance is located at 1.6057(38.2% fib), any close above will push the pair towards 1.6087 (Daily high)
• Support is seen at 1.5965(5DMA) and break below could take the pair towards 1.5931(50% fib).
Recommendation: Good to buy around 1.5970, with stop loss of 1.5860 and target price of 1.6080


FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 



