• EUR/AUD initially gained on Friday but gave up ground after a failed meeting between Zelenskiy and Trump, dimmed hopes for a quick peace deal in the Russia-Ukraine war.
• Trump and Zelenskiy exchanged sharp words in a meeting meant to persuade the U.S. not to side with Putin, who invaded Ukraine three years ago.
• On the data front, Euro zone inflation prospects improved while growth remained anaemic, solidifying the case for further cuts from the European Central Bank, which is widely expected to cut rates by at least 25 basis points next week.
• Technical are bullish, daily RSI is positive at 63, daily momentum studies 11 and 14 DMAs are trending up.
• Immediate resistance is located at 1.6723 (38.2%fib), any close above will push the pair towards 1.6852 (23.6%fib)
• Support is seen at 1.6667 (Daily low ) and break below could take the pair towards 1.6617(50% fib).
Recommendation: Good to buy around 1.6650 with stop loss of 1.6600 and target price of 1.6720


FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
GBPJPY Stuck in Tight Range: Bullish Bias Holds Above 211.50 – Dip Buyers Targeting 215 Breakout?
EURGBP Breaks Above 0.8700 on Euro Surge: Bullish Momentum Builds Toward 0.8800+?
NZD/JPY Slips as Yen Strength Returns: Bears Eye Deeper Drop Toward 90.00
NZDJPY Pullback: Yen Strengthens on Takaichi's Election Victory – Buy the Dip Toward 96?
FxWirePro: EUR/ NZD neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD firms, setting up for next leg higher
EUR/USD Powers Higher on Dismal US Retail Sales Miss: Bullish Breakout Brewing Toward 1.2000?
AUDJPY Holds the Line: Positive Bias Intact Above 109 – Dip Buyers Eyeing 112 Breakout?
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support
FxWirePro- Major Pair levels and bias summary 



