• EUR/AUD declined on Tuesday as hawkish RBA policy update bolstered Australian dollar against euro.
•. Reserve Bank of Australia raised interest rates by a quarter-point to an 11-year high of 4.1%, and warned that further tightening may be required to ensure that inflation returns to target.
•The pair is approaching 38.2%fib,a daily close below will accelerate towards 1.5860 level in the short term.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is bearish at 34
• Immediate resistance is located at 1.6154(50%fib), any close above will push the pair towards 1.6238 ( 5DMA).
• Strong support is seen at 1.5991 (38.2%fib) and break below could take the pair towards 1.5875 (20th March low).
Recommendation: Good to sell around 1.6030, with stop loss of 1.6140 and target price of 1.5940.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro-Major European Indices
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD downside pressure builds, key support level in focus
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 



