• EUR/AUD strengthened on Thursday as Australian dollar weakened despite strong jobs data on the back of falling commodities and lower global growth expectations despite .
• Figures from the Australian Bureau of Statistics on Thursday showed net employment rose 55,000 in October from September, more than double market forecasts of 20,000.
• The pair is currently approaching resistance at 23.6%fib. A break and daily close above will accelerate further gains towards 1.6850 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 55 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.6809 (23.6%fib), any close above will push the pair towards 1.6849 (Nov 14th high).
• Strong support is seen at 1.6711 (38.2% fib) and break below could take the pair towards 1.6690(5DMA)
Recommendation: Good to buy around 1.6770 with stop loss of 1.6589 and target price of 1.6850


Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/AUD under pressure as pound continues to weaken
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges higher but bulls lack punch 



