- BTC/EUR extends weakness for 2nd straight session, trades 0.78% lower on the day.
- The pair was rejected at 21-EMA which is stiff resistance at 6623. Any further gains only on break above.
- Price action has slipped below 5-DMA and has broken below 61.8% Fib at 6392.
- Price remains below daily Ichimoku cloud and major EMAs.
- Technical studies support further weakness in the pair. Scope for test of 78.6% Fib at 5876.
Support levels - 6075 (May 29 low), 6000, 5876 (78.6% Fib)
Resistance levels - 6392 (61.8% Fib), 6476 (5-DMA), 6624 (21-EMA)
Recommendation: Good to stay short on upticks, SL: 6625, TP: 6165/ 6075/ 5880
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Crypto levels and bias summary 



