• EUR/AUD declined on Tuesday as fears that consumer price growth will remain anaemic for years weighed on euro.
• The pair, already trading lower on the day, extended its drop to hit 1.6284, lowest since June 26th 2020.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 44 bearish, momentum studies 30, 50 are trending down.
• On the upside, Immediate resistance is located at 1.6407( 30 DMA), any close above will push the pair towards 1.6467 (38.2% fib).
• On the downside, support is seen at 1.6271 (23.6% fib ) and break below could take the pair towards 1.6119 (Lower BB).
Recommendation: Good to sell around 1.6300, with stop loss of 1.6450 and target price of 1.6200


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Woodies Pivot(Major)
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/AUD gains some upside momentum but still bearish
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Woodies Pivot(Major)
FxWirePro -Major European Indices
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: USD/ZAR edges lower ,investors remain on edge 



