- EUR/AUD breaks major trendline resistance at 1.5085 to hit 12-week highs at 1.5173.
- The pair has shown a breakout above ascending triangle pattern, scope for further upside.
- 1.5085 is stiff resistance and decisive close above will see further gains.
- 5-DMA at 1.5002 is immediate support. Break below could see drag upto 20-DMA at 1.4927.
- Technical studies support upside. RSI and Stochs on daily charts are biased higher.
- We see bullish invalidation only on break below daily cloud support at 1.4822.
Support levels - 1.5002 (5-DMA), 1.4927 (20-DMA), 1.4846 (50-DMA)
Resistance levels - 1.5186 (June 5th high), 1.52, 1.5226 (June 1st high)
Call update: Our previous call (http://www.econotimes.com/FxWirePro-EUR-AUD-holds-above-50-DMA-eyes-trendline-at-150-864930) has hit all targets.
Recommendation: Good to go long on decisive close above 1.5085, SL: 1.4955, TP: 1.5186/ 1.5225/ 1.5330
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: NZD/USD retreats as Middle East instability weighs
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro- Major Pair levels and bias summary
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 



