• EUR/AUD declined on Thursday as the pairs drop was by was aided gains in copper , gold and surprise in ECB statement.
• The pair dropped to test (38.2% fib) at 1.4901, subsequent weak closings below 38.2% fib will acceate further downtrend.
• Technical are bearish, daily RSI is negative at 30, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.5022 ( (DMA), any close above will push the pair towards 1.5076 (50% fib)
• Support is seen at 1.4901 ( 38.2% fib)and break below could take the pair towards 1.4684 (23.6% fib)
.
Recommendation: Good to sell on rally around 1.4960, with stop loss of 1.5120 and target price of 1.4880.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro- Woodies pivot (Major)
GBPJPY Slips After Sterling Weakness, Bears Eye 216
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: GBP/AUD under pressure as pound continues to weaken
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro- Woodies pivot (Major)
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 



