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FxWirePro: EUR/AUD eases slightly but trend is still bullish

• EUR/AUD eased on Thursday as Trump threat to continue bombing Iran droves risk-off sentiment . • Trump vowed more aggressive strikes on Iran in the next two to three weeks during his televised speech on Wednesday, offe…

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FxWirePro: EUR/AUD eases slightly but trend is still bullish
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• EUR/AUD eased   on Thursday as Trump threat to continue bombing Iran droves risk-off sentiment .

•  Trump vowed more aggressive strikes on Iran in the next two to three weeks during his televised speech on Wednesday, offering no concrete timeline to open the Strait of Hormuz or end a war that has rattled investors and roiled markets.

• Iran's military responded with a warning for the U.S. and Israel of "more crushing, broader and more destructive" attacks in store.

•Investors looking ahead to Friday's U.S. non-farm payrolls report for economic signals and a possible path to Federal Reserve interest rates.

•The market is looking for a 60,000 rise in jobs for March, according to the median estimate of economists

• Strong  resistance is located at 1.6791(April 2nd high), any close above will push the pair towards 1.6894(Higher BB)

• Immediate support is seen at 1.6702 (38.2% fib) and break below could take the pair towards 1.6503(SMA 20).

  Recommendation: Good to buy  around 1.6680, with stop loss of 1.6600 and target price of 1.6750

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