• EUR/AUD initially dipped on Thursday but recovered some ground after U.S. data showed consumer spending rose less than expected in May.
• Pair traded in 1.5078/1.5266 range and was last trading at 1.5174 into the US afternoon.
• The pair remains well 5DMA, daily close below increase the scope for much bigger drop.
• Immediate resistance is located at 1.5215 ( 5 DMA), any close above will push the pair towards 1.5290 (50%fib)
• Support is seen at 1.5072 (38.2%fib) and break below could take the pair towards 1.5000 (Psychological level).
Recommendation: Good to sell on rally around 1.5180, with stop loss of 1.5300 and target price of 1.5120.


FxWirePro- Major Crypto levels and bias summary
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: USD/CNY edges higher but bulls lack punch
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
Major Pair Action Bias: Bullish Pairs to Watch Out For
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 



