- EUR/AUD is trading a 'Rising Triangle' pattern and has paused upside at major trendline resistance at 1.5155.
- The pair hit 6-week highs at 1.51496 before paring some of the gains to currently trade at 1.5122.
- The pair is trading with a bullish bias on weekly charts and we see upside on break above 1.5155.
- Price action above daily cloud and major moving averages. We see weakness only on break below 1.4750 (50-DMA).
Support levels - 1.51, 1.5062 (5-DMA), 1.4950 (50-DMA)
Resistance levels - 1.5155 (Trendline), 1.5174 (Aug 2017 highs), 1.5226 (May 2017 highs)
Recommendation: Watch out for break above 1.5155 to go long, target 1.5175/ 1.5225
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro- Major European Indices
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD pauses decline,critical support lies ahead
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 



