•EUR/AUD declined on Friday as the Russian invasion of Ukraine and uncertainty about the speed and timing of European Central Bank rate hikes weighed on euro.
• ECB President Christine Lagarde said on Thursday,the ECB will be in no hurry to raise interest rates, even as another policymaker made the case for one and possibly two rate moves later this year.
•The pair reaches 1.4899 after extending south from 1.5058(Daily high). 1.4899 is the lowest level since March 11th.
•Technical signals are bearish as RSI is heading down at 34, daily momentum studies 5, 9 and 11 DMAs are trending down.
•Immediate resistance is located at 1.5058 ( 9DMA), any close above will push the pair towards 1.5143 (38.2%fib)
•Support is seen at 1.4899 (23.6% fib) and break below could take the pair towards 1.4792(8th March low).
Recommendation: Good to sell on rally around 1.4910, with stop loss of 1.4980 and target price of 1.4820.


FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: NZD/USD edges lower, remains on back foot
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Major Pair Action Bias: Bullish Pairs to Watch Out For 



