EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro- Woodies pivot (Major) 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
• EUR/AUD declined on Friday as EU's slower rollout of COVID vaccines and lockdown fears in Eurozone weighed on euro.
• Various EU nations including its largest members Germany, France and Italy this week halted AstraZeneca shots pending safety checks.
• Today's 1.5328-1.5411 range holds below 38.2% fib .Scope grows for a deeper drop towards 23.6% fib at 1.5227
• Technical signals show the pair could lose more ground in the short-term as RSI is at 38 bearish, daily momentum studies 9, 10 and 11 DMAs are trending down.
• Immediate resistance is located at 1.5376 ( 9 DMA), any close above will push the pair towards 1.5429 (38.2%fib)
• Immediate support is seen at 1.5257 (Lower BB ) and break below could take the pair towards 1.5227 (23.6% fib).
Recommendation: Good to sell on rally around 1.5380, with stop loss of 1.5480and target price of 1.5250.
