• EUR/AUD gained sharply on Tuesday as Australian dollar was dragged lower by falling New Zealand dollar and lower oil prices.
• Oil prices dipped more 1% on Tuesday on concerns that new pandemic curbs and slow vaccine rollouts in Europe will dampen a recovery in fuel demand.
• New Zealand dollar was rocked on Tuesday after New Zealand introduced a raft of measures to cool its housing market.
• EUR/AUD bulls confidence is running high, a test of the 38.2%fib highly seem s likely.
• From a technical viewpoint, RSI is bullish at 51, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.5546 (38.2%fib), any close above will push the pair towards 1.5593 (Higher BB).
• Immediate support is seen at 1.5336 (23.6% fib) and break below could take the pair towards 1.5266 (Lower BB).
Recommendation: Good to buy on dips around 1.5450, with stop loss of 1.5330 and target price of 1.6510.


Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro- Major Pair levels and bias summary 



