• EUR/AUD declined on Wednesday as Australian dollar received added boost from better than expected Australian retail sales data.
• Data from the Australian Bureau of Statistics on Wednesday showed retail sales jumped 1.6% in March to a record A$33.6 billion ($23.9 billion), handily topping forecasts of a 0.6% gain.
• Selling pressure will remain in the short-term, only a move above 1.4771 (5DMA) strong resistance will reverse trend.
• Technicals are bearish as daily RSIs is at 43. The MACD and moving averages shows a stronger negative momentum.
• Immediate resistance is located at 1.4679 ( 38.2% fib), any close above will push the pair towards 1.4771 (5DMA)
• Stong support is seen at 1.4549(23.6% fib) and break below could take the pair towards 1.4438 (Lower BB).
Recommendation: Good to sell around 1.4660, with stop loss of 1.4750 and target price of 1.4500.


FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: USD/JPY upside capped as intervention risk limit upside
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro- Woodies pivot (Major)
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700 



