Major Pair Action Bias: Bullish Pairs to Watch Out For 
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FxWirePro: GBP/AUD under pressure as pound continues to weaken 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
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FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
JPY Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
•EUR/AUD declined on Monday as Australian dollar was lifted by gains equity and commodity prices
•Oil prices rose nearly 2% ,recovering from multi-month lows hit last week as positive economic data from China boosted demand hopes despite lingering recession fears
•The pair, already trading lower on the day, extended its drop to hit 1.4575
•Technical signals show the pair could lose more ground in the short-term as RSI is at 37 bearish, daily momentum studies 9, 10 and 11 DMAs are trending down.
• Immediate resistance is located at 1.4672 ( 38.2%fib), any close above will push the pair towards 1.4775 (50%fib).
• mmediate support is seen at 1.4575 (23.6% fib) and break below could take the pair towards 1.4508 (Lower BB).
Recommendation: Good to sell around 1.4600, with stop loss of 1.4750 and target price of 1.4520.
