• EUR/AUD traded in tight range on Wednesday as markets were on the defensive as worries about further turmoil in the energy sector kept investors cautious.
• The pair is approaching to test the 1.6989 (23.6% fib) support zone, a close below this region could turn the outlook more bearish for the pair.
• Technical signals are bearish as RSI is at 41, daily momentum studies 5, 9 and 10 DMAs are trending flat.
• Immediate resistance is located at 1.7346 ( 50 DMA), any close above will push the pair towards 1.7531 (38.2 % fib)
• Support is seen at 1.6989 (23.6% fib) and break below could take the pair towards 1.6767 (100 DMA).
• Recommendation: Be on sidelines


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro- Major Pair levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/USD rises as soft US data pressures dollar
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro- Woodies pivot (Major) 



