• EUR/AUD declined on Wednesday as Aussie outperformed euro as risk sentiment improved.
• EUR/AUD chart has taken a turn for the worse after todays large drop.Overall risk growing for a bigger drop to retest 50%fib.
• Technical lean bearish, RSI is turning sharply lower, momentum studies, 9, 11 DMAs falling southwards.
• Immediate resistance is located at 1.5729 ( 14DMA), any close above will push the pair towards 1.5756 (61.8%fib)
• Strong support is seen at 1.5675 (50%fib ) and break below could take the pair towards 1.5593 (38.2% fib).
Recommendation: Good to sell on rally around 1.5710, with stop loss of 1.5800 and target price of 1.5640.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: NZD/USD edges lower, remains on back foot
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro :USD/JPY eases slightly, remains on bullish path
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD under pressure as pound continues to weaken 



