• EUR/AUD declined on Wednesday as downbeat euro zone sales data , broad dollar buying and soured risk sentiment attracted seller in the pair
• EUR/AUD is approaching 1.5877(23.6 %fib ) support, a break of which could trigger a drop to lower bollinger band.
• EUR/AUD is mired below downward sloping 10- and 21-day moving averages while falling daily RSIs imply downside momentum remains.
• Immediate resistance is located at 1.8101 ( 9 DMA), any close above will push the pair towards 1.8172 (11 DMA)
• Strong support is seen at 1.5877(23.6 %fib ) and break below could take the pair towards 1.5817 (Lower BB).
Recommendation: Good to sell around 1.5900, with stop loss of 1.6100 and target price of 1.5810.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 



