• EUR/ AUD initially dipped on Thursday but recovered some ground as investors positioned for higher U.S. interest rates and remained concerned about the health of European economy.
• Manufacturing sector in Germany, Europe's largest economy and a major exporter contracted for a second month.
• EUR/ AUD initially dipped but found buyers at 1.4620. A break and daily close above 38.2% fib will accelerate further gains.
• Technical signals are bullish as RSI is at 54, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.4692 (38.2% fib), any close above will push the pair towards 1.4785 (23.6% fib).
• Strong support is seen at 1.4611 (50% fib) and break below could take the pair towards 1.4532(61.8% fib )
Recommendation: Good to buy around 1.4640, with stop loss of 1.4560 and target price of 1.4710


FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/CNY edges higher but bulls lack punch
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 



