• EUR/AUD hovered around 1.6842 on Thursday as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s speech later this week.
• Investors waited for Fed Chair Jerome Powell’s speech on Friday at 10:05 a.m. EDT for confirmation on whether interest rates are going to stay higher for longer..
• EUR/AUD has seen a 1.6757 -1.6863 range on Thursday, signals suggest further range trading.
• Technical signals RSI has tuned sharply lower, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.6863 ( 5 DMA), any close above will push the pair towards 16897 (38.2%fib)
• Support is seen at 1.6757 (50% fib ) and break below could take the pair towards 1.6607(61.8% fib).
Recommendation: Good to sell around 1.6850, with stop loss of 1.6980 and target price of 1.6790


Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Major Crypto levels and bias summary
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro:USD/JPY hovers near a four-decade low
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major) 



