• EUR/AUD declined on Friday as investors stepped to the sidelines ahead ECB policy meetings next week.
• ECB is expected to continue to tighten monetary policy,traders see about a 98% chance of a 25-basis-point rate hike next week.
• EUR/AUD drops swiftly from 1.6110 to hit daily low at 1.5951. Break lower at 1.5918(23.6%fib) risks run towards 1.5850.
• Technical lean bearish, RSI is lower at 34 daily momentum studies 9, 11 and 14 DMA’s are trending down.
• Immediate resistance is located at 1.6056 (38.2%fib), any close above will push the pair towards 1.6100 (Daily high).
• Support is seen at 1.5918(23.6%fib) and break below could take the pair towards 1.5888 (Lower BB).
Recommendation: Good to sell around 1.5950, with stop loss of 1.6100 and target price of 1.5880


FxWirePro- Major European Indices
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro- Woodies Pivot(Major)
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro- Major Crypto levels and bias summary 



