• EUR/AUD initially gained on Wednesday but reversed course after emergency ECB meeting.
• The pair gained after ECB announced it will skew reinvestments of maturing debt to help more indebted members but reversed course on view that ECB's proposed measures were not enough
• At GMT 17:34, the pair was trading down 1.23 percent at 1.4967 after reaching daily low at 1.5202
• The pair has picked up downside momentum and is approaching 1.4921 (38.2% fib). A close below will opens up 1.4850 level .
• Immediate resistance is located at 1.5000( 5DMA), any close above will push the pair towards 1.5152 (50%fib).
• Strong support is seen at 1.4921 (38.2% fib) and break below could take the pair towards 1.4825 ( 10th June low).
Recommendation: Good to sell around 1.4980, with stop loss of 1.5100 and target price of 1.4850


FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro- Major Pair levels and bias summary
Major Pair Action Bias: Bullish Pairs to Watch Out For
JPY Action Bias: Bullish Pairs to Watch Out For
GBPJPY Slips After Sterling Weakness, Bears Eye 216
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Crypto levels and bias summary
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 



