• The EUR/AUD gained some ground on Friday investors positioned themselves ahead of next week’s European Central Bank rate decision.
• Eurozone inflation rose to 2.2% in November, close to the ECB’s 2% target, while the economy grew about 1.5% over the past two quarters, suggesting no urgent changes in policy is required.
• The ECB is expected to keep interest rates unchanged next week, with eurozone inflation roughly in line with the central bank’s 2% medium-term target.
• On the data front,German inflation rose to 2.6% in November, the federal statistics office said on Friday, confirming preliminary data.
• Inflation, or consumer prices harmonised to compare with other European Union countries, stood at 2.3% year-on-year in October.
• Immediate resistance is located at 1.7690(50%fib), any close above will push the pair towards 1.7718(SMA 20).
• Support is seen at 1.7587(38.2%fib) and break below could take the pair towards 1.7462(23.6%fib).
Recommendation: Good to sell around 1.7660 with stop loss of 1.7740 and target price of 1.7590


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major European Indices
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro- Major Crypto levels and bias summary 



