• EUR/AUD recovered some ground from initial decline on Friday as the pair was aided by profit-taking on shorts.
• EUR/USD rally sellers likely as inverted hammer candle reinforces bearish signals.
• Bulls will need a clear 1.5952 ( 50% fib)to take greater control, failure to break higher will spur fresh downward momentum.
• Technical signals are bearish as falling daily RSIs imply downside momentum remains in place.
• Immediate resistance is located at 1.5871 (38.2%fib), any close above will push the pair towards 1.5952 ( 50% fib).
• Immediate support is seen at 1.5775 (23.6%fib) and break below could take the pair towards 1.5747 (Lower BB).
Recommendation: Good to sell around 1.5850, with stop loss of 1.5930 and target price of 1.5800.


Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 



