• EUR/AUD rebounded from 1.6760 level on Wednesday as Australian dollar slipped after data Australian inflation slowed more than forecast in July.
• Australian inflation slowed to a 17-month low in July, reinforcing the case for the Reserve Bank of Australia to hold rates steady at its policy meeting next week.
• At GMT 18:22, the pair was trading 0.47% higher at 1.6867, highest level since Aug 28th.
• From a technical viewpoint, RSI is strongly bullish at 57, daily momentum studies, 5, 10 and 21 daily MAs all climb.
• Immediate resistance is located at 1.6902 (38.2% fib), any close above will push the pair towards 1.7002(Higher BB).
• Immediate support is seen at 1.6757 (50% fib) and break below could take the pair towards 1.6715 (30DMA).
Recommendation: Good to buy on dips around 1.8650, with stop loss of 1.8540 and target price of 1.8730.


FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Major Crypto levels and bias summary
Crypto Bias Report: Trend Signals and Top Bullish Picks
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Woodies pivot (Major) 



