FxWirePro:GBP/NZD extends drop, faces 23.6%fib support 
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FxWirePro: EUR/AUD heads deeper into bear territory, 1.6268 a key barrier 
FxWirePro: EUR/NZD repeatedly capped by key fibo, expect a fall 
FxWirePro:EUR/AUD gains some upside momentum but still bearish 
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FxWirePro: EUR/NZD poised at critical support, looking vulnerable 
FxWirePro: GBP/NZD drops to one week low with plenty more downside potential 
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FxWirePro:EUR/AUD chart very bearish, could be on the verge of bigger drop 
FxWirePro- 
FxWirePro: EUR/AUD fragile, risks collapse to a major fibo 
FxWirePro: GBP/AUD edges higher but outlook still bearish 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD fragile, risks collapse to a major fibo 
• EUR/AUD declined on Friday as renewed fears about an economic slowdown in the euro zone weighed on euro.
• The single currency has been battered in recent weeks on fears that the economy suffer from the fallout of the war in Ukraine.
• A daily inverted hammer has formed while falling daily and monthly RSIs imply downside momentum is intact.
•Immediate resistance is located at 1.5126 ( 5DMA), any close above will push the pair towards 1.5175 (23.6% fib)
• Support is seen at 1.4972 (38.2%fib) and break below could take the pair towards 1.4814 (50%fib).
Recommendation: Good to sell on rally around 1.5000 with stop loss of 1.5200 and target price of 1.4900
