• EUR/AUD strengthened on Tuesday as investors positioned ahead of an expected European Central Bank rate cut Thursday.
• European Central Bank is expected to cut its deposit rate this month by another 25 bps to 3.25%.
• Markets now attach a 93% chance of an ECB rate cut, while 70 out of 75 economists polled lean in favour of a 25 basis point cut.
• Immediate resistance is located at 1.6291(38.2%fib), any close above will push the pair towards 1.6371(23.6%fib)
• Support is seen at 1.6238(50%fib)and break below could take the pair towards 1.6179 (61.8%fib)
Recommendation: Good to buy around 1.6250 , with stop loss of 1.6170 and target price of 1.6300


FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 



