• EUR/AUD retreated from daily high on Tuesday as investors adjusted their positions ahead Australian inflation data and GDP data.
• Australian Jan inflation data due at 0030 GMT. Hotter than expected print would cement expectation of RBA hike next week
• Price slides to 1.5702 from 1.5812 Mon high. Consolidation likely to continue while market seeks fresh factors.
• Technical signals are bullish RSI implies upward shorter-term momentum is in place,while moving averages are tending higher
• Immediate resistance is located at 1.5769 ( Feb 27th high), any close above will push the pair towards 1.5809 (23.6%fib).
• Strong support is seen at 1.5702 (38.2%fib) and break below could take the pair towards 1.5651(5DMA).
Recommendation: Good to buy around 1.5710, with stop loss of 1.5600 and target price of 1.5810


FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/CAD edges lower but bullish outlook persists
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD bears maintain upper hand
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: USD/ZAR retreats slightly but bias is bullish 



