• EUR/AUD rose higher on Wednesday on as broad based Australian dollar selling drove EUR/AUD sharply higher towards.
•The pair reaches 1.6474 after extending north from 1.6287 (Daily low). 1.6474 is the highest level since May 5th.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 55 bullish, daily momentum studies 5, 10 and 21 DMAs are trending up.
• Immediate resistance is located at 1.6493 (23.6% fib), any close above will push the pair towards 1.6593 (April 25th high).
• Strong support is seen at 1.6343 (5DMA) and break below could take the pair towards 1.6269 (38.2% fib )
Recommendation: Good to buy around 1.6400, with stop loss of 1.6320 and target price of 1.6480


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Major European Indices
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/USD biased higher but rally currently stretched
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 



