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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
• EUR/AUD rose higher on Tuesday as signs of progress in peace talks between Russia and Ukraine boosted euro.
•Hopes for an end to the conflict now in its second month lifted sentiment in wider financial markets.
• The pair is currently approaching resistance at 1.4085 ( 38.2%fib). Break above is likely psush the pair towards 1.5000 level.
• Technical signals are turning bullish as RSI is turning higher at 35, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.4805( 38.2%fib), any close above will push the pair towards 1.5015 ( 50%fib)
• Strong support is seen at 1.4689 (5 DMA ) and break below could take the pair towards 1.4560 (23.6% fib).
Recommendation: Good to buy around 1.4780, with stop loss of 1.4600 and target price of 1.4880.
