• EUR/AUD strengthened on Tuesday as euro was aided by above-forecast euro zone PMI data.
• At GMT 20:14, the pair was trading up 0.17 percent at 1.5572 after reaching daily low at 1.9144.
• The pair currently is approaching support at 1.5605( 38.2%fib). A break under 1.5605 would unmask 1.5700 level in the short term.
• Technical signals are bullish as RSI is rising, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.5605( 38.2%fib), any close above will push the pair towards 1.5728(50%fib)
• Support is seen at 1.5551 (21DMA ) and break below could take the pair towards 1.5495 (23.6%fib).
Recommendation: Good to buy around 1.5550, with stop loss of 1.5500 and target price of 1.5670.


FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD dips after RBA Governor speech
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/AUD under pressure as pound continues to weaken
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro- Woodies pivot (Major)
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 



