EUR/AUD hit fresh multi-month lows at 1.4738 in Friday's trade and had since pared some losses to currently trade 1.4806.
- Our call for the pair (http://www.econotimes.com/FxWirePro-EUR-AUD-breaks-below-149-handle-hits-fresh-2016-lows-at-14843-171788) has hit all targets.
- We see further downside in store, weakness evident in the weekly charts, tests of 1.47 likely. Further weakness could see 1.4650 levels.
- 1.49 (5-DMA) is immediate resistance on the upside, while support is seen at 1.4738 (Mar 4th lows).
Recommendation: Book partial profits, lower trailing stop to 1.4820, target 1.47/1.4650


FxWirePro: USD/ZAR edges higher but bearish outlook persists
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



