• EUR/AUD eased on Thursday as investors awaited European Central Bank rate decision for further direction.
•Euro zone economy was in a technical recession in the first three months of 2023. It got as high as $1.07870, the highest since May 24.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is bearish at 37.
• Immediate resistance is located at 1.6073( 5DMA), any close above will push the pair towards 1.6122 ( 38.2%fib).
• Strong support is seen at 1.5983 (50%fib) and break below could take the pair towards 1.5875 (March 20th low).
Recommendation: Good to sell around 1.6080 with stop loss of 1.6140 and target price of 1.5990


FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Woodies pivot (Major) 



