• EUR/AUD declined on Wednesday as Aussie outperformed euro as risk sentiment improved after U.S. inflation data.
• EUR/AUD dived below the 38.2% fib and trades down to a 1.5484 low.
• Technical lean bearish, RSI is turning sharply lower, momentum studies, 9, 11 DMAs falling southwards.
• Immediate resistance is located at 1.5552 ( 38.2% fib), any close above will push the pair towards 1.5656 (Higher BB)
• Strong support is seen at 1.5478 (21 DMA ) and break below could take the pair towards 1.5391 (23.6% fib).
Recommendation: Good to sell on rally around 1.5500, with stop loss of 1.5580 and target price of 1.5400.


0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
FxWirePro: USD/CNY hits 15-month low , scope for further downside
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
ETHUSD Dip: Prime Buy Zone to $3600 Targets
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 



