• EUR/AUD strengthened on Thursday as euro was supported after the European Central Bank said it would trim emergency bond purchases over the coming quarter.
•The pair reaches 1.6072 after extending north from 1.5973 (Daily low). Bounce off from today’s , and long lower wick on daily chart are encouraging longs.
• Technical signals show the pair RSI is turning up, daily momentum studies 5 and 9 DMAs are trending up.
• Immediate resistance is located at 1.6052 (11DMA), any close above will push the pair towards 1.6080 (38.2% fib).
• Strong support is seen at 1.5960 (23.6% fib) and break below could take the pair towards 1.5881(23.6% fib )
Recommendation: Good to buy around 1.6050, with stop loss of 1.5900 and target price of 1.6120


FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD gains some ground but bias is still bearish
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Woodies pivot (Major)
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 



