FxWirePro:GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD attracts selling interest, vulnerable to more downside 
FxWirePro: EUR/AUD positions for another climb, eyes 1.6650 level 
FxWirePro: GBP/NZD extends gains, faces 23.6%fib resistance 
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FxWirePro: GBP/ AUD gently bid,a close above a key level needed to tighten grip 
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FxWirePro: EUR/AUD loses momentum but outlook is bullish 
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FxWirePro: EUR/AUD consolidating around 1.6490, room for further gains 
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FxWirePro:EUR/NZD buoyancy keeps consolidation intact, set for further gains 
FxWirePro:EUR/AUD consolidates around 1.6585, maintains bullish bias 
FxWirePro:EUR/NZD maintains bullish bias with focus on 1.8150 level 
FxWirePro: GBP/NZD beginning to trend higher but hurdle ahead 
• EUR/AUD declined on Friday as higher commodity prices and China optimism boosted Australian dollar.
• China cut its prime rate for five-year loans, which influences mortgage prices, by 15 basis points in a reduction that was sharper than expected.
• EUR/AUD drops but slide halts at the 1.4950(50%fib),break below will accelerate towards 1.4800 level.
• Immediate resistance is located at 1.5120 (38.2%fib), any close above will push the pair towards 1.5212 (Higher BB).
• Strong support is seen at 1.4950 (38.2%fib) and break below could take the pair towards 1.4893(9th May low).
Recommendation: Good to sell around 1.4980, with stop loss of 1.5120 and target price of 1.4900
