EUR/AUD sees a small bounce after AUD was hammered lower on poor Capex data, but downtrend in the pair still intact.
- Doji formation seen in yesterday trade, but a fresh 1.4577 low keeps downtrend in play
- Momentum is weak, 5, 10 & 20 DMAs head south reinforcing bearish setup, but Daily Stochs are at oversold so caution advised
- The pair is currently trading at 1.4690, Asian 1.4618/1.4715 range is initial support/resistance
- Rallies should provide good entry points, targets remain at 1.44, and further below at 1.4360 levels
- Bearish invalidation on breaks above 1.50 levels


FxWirePro- Major European Indices
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
FxWirePro:NZD/USD edges lower, bearish outlook persists
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY edges up, looks to extend gains
FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD edges higher but bearish outlook persists
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark
FxWirePro: GBP/AUD edges lower, downside risk remains 



