• EUR/AUD rally extended towards 1.6700 on Monday as euro was boosted by upbeat Germany’s Ifo business sentiment index.
• German business business climate index rose to 90.5 in July from an upwardly revised 86.3 in June.
• EUR/AUD bulls confidence is running high, a test of the 1.6630 (38.2% fibo) highly seem s likely.
• From a technical viewpoint, RSI is strongly bullish at 60.00, daily momentum studies, 5, 10 and 21 daily MAs all climb.
• Immediate resistance is located at 1.6502 (Daily high), any close above will push the pair towards 1.6571 (200 DMA).
• Immediate support is seen at 1.6424 (23.6% fib) and break below could take the pair towards 1.6357 (5 DMA).
Recommendation: Good to buy on dips around 1.6450, with stop loss of 1.6350 and target price of 1.6550.


FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro:EUR/NZD gains some upside momentum but still bearish
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: AUD/USD dips below lower range, bearish bias increases
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major) 



