• EUR/AUD recovered some ground on Thursday as traders adjusted their positions ahead of U.S. inflation data.
• Investors focus shifted to US CPI data and michigan sentiment on Friday, FOMC on Wednesday,
• The pair is currently approaching resistance at 1.5822 (5DMA). A clean and sustained break below 1.5757 (38.2%fib ) will increase bearish pressure on the pair.
• Technical signals are bearish as RSI is at 49, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.5832( 14DMA), any close above will push the pair towards 1.5874(50 % fib),
• Support is seen at 1.5757 (38.2%fib ) and break below could take the pair towards 1.5674(50DMA).
Recommendation: Good to sell on rally around 1.5820, with stop loss of 1.5900 and target price of 1.5760.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: USD/ZAR retreats but trend is still bullish
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: AUD/USD dips after RBA Governor speech
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD edges lower, remains on back foot
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 



