• EUR/AUD recovered some ground on Monday as hopes for economic revival on coronavirus vaccines supported the pair.
• EUR/AUD traded up to 1.6270 and was around to 1.6247 into the US afternoon, close above 1.6341 (38.2%fib) is needed to end the downside bias.
• Technical signals are bearish as RSI is at 42, daily momentum studies 14, 20 and 21 DMAs are trending down.
• On the upside, Immediate resistance is located at 1.6249 ( 14 DMA), any close above will push the pair towards 1.6341 (38.2%fib)
• On the downside, support is seen at 1.6190 (Daily low ) and break below could take the pair towards 1.6142 (23.6% fib).
Recommendation: Good sell around 1.6240, with stop loss of 1.6350 and target price of 1.6200.


FxWirePro: GBP/USD bulls remain cautiously optimistic
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 



