• EUR/AUD extended rally on Monday as falling copper, iron ore prices on weak China sentiment aggravate Australian dollar drop.
• The euro jumped 0.20% at 1.6286 against Australian dollar , recovering from day low 1.6233.
• Considering the broader perspective, additional gains seem probable if 23.6% fib resistence is decisively surpassed.
• Immediate resistance is located at 1.6286 (Daily high), any close above will push the pair towards 1.6311 (23.6% fib).
• Immediate support is seen at 1.6250 (38.2% fib) and break below could take the pair towards 1.6202 (50% fib).
Recommendation: Good to buy on dips around 1.6260, with stop loss of 1.6180 and target price of 1.6320


FxWirePro -Major European Indices
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro- Major European Indices
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge 



