• EUR/AUD dipped on Monday but downsife was limitd as investors remained hopeful of a diplomatic solution to the war in the Middle East.
• Despite lingering tensions, sentiment found some support from reports that Pakistan remains confident Iran could still participate in peace talks, even after earlier rejecting them..
• Adding to the cautious optimism, Donald Trump continued to signal progress toward a potential peace and nuclear agreement, helping risk-sensitive currencies like the Aussie hold gains.
• On the data front, traders will watch U.S. March retail sales on Tuesday and April S&P flash PMIs on Thursday for further direction.
• Strong resistance is located at 1.6569(50% fib), any close above will push the pair towards 1.6614(SMA 20)
• Immediate support is seen at 1.6375 (38.2%fib) and break below could take the pair towards 1.6308(Lower BB).
Recommendation: Good to sell around 1.6420, with stop loss of 1.6500 and target price of 1.6360


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD gains some upside momentum but still bearish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR drops below 16.200 level, heads deeper into bear territory
FxWirePro: USD/CAD dips as weaker dollar gives bears some traction
FxWirePro: USD/JPY edges higher as dollar recovers some lost ground
FxWirePro: GBP/NZD regains upwards momentum but unable to hold above
FxWirePro: AUD/USD softens as Iran rejects US peace talks
FxWirePro: AUD/USD hovers near 4-year top,outlook bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/ NZD holds narrow range, focus on near-term support
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
Yen Volatility: NZDJPY Navigates Geopolitical Headwinds Amidst a "Buy on Dips" Setup
FxWirePro: GBP/USD remains buoyant, looks to extend gains
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800 



