• GBP/AUD declined on Friday investor appetite to look for returns outside the U.S. currency and higher commodities prices boosted Australian dollar.
• Bears have tightened their grip on this market,A break, daily close under 1.7811(38.2%fib) could deepen losses.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 43 bearish, daily momentum studies 9, 10 and 11 DMAs are trending down.
• Immediate resistance is located at 1.7916 ( 50%fib), any close above will push the pair towards 1.7964 (30DMA).
• Strong support is seen at 1.7811(38.2%fib) and break below could take the pair towards 1.7731 (Lower BB).
Recommendation: Good to sell on rallies around 1.7860, with stop loss of 1.7960 and target price of 1.7770.


FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



