Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro- Major Pair levels and bias summary 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
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FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
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FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
• EUR/AUD initially dipped on Monday but recovered some ground as investors were cautious ahead of a Reserve Bank of Australia speech and NAB business conditions on Tuesday.
• EUR/AUD fails to break support at 1.5989 (38.2%fib) and recovers towards 1.6044 .
• The current mild downward pressure is deemed intact as long as the pair does not move above 50% fib resistence.
• Technical signals are bearish as RSI is at 47, momentum studies, 5, 10 & 21 DMAs in bearish alignment.
• Immediate resistance is located at 1.6038 ( 11 DMA), any close above will push the pair towards 1.6089 (50% fib)
• Strong support is seen at 1.5989 (38.2%fib)and break below could take the pair towards 1.5911 (Sep 11th low).
Recommendation: Good to sell around 1.6040, with stop loss of 1.6120 and target price of 1.5960.
