• EUR/AUD strengthened on Thursday as soft commodity prices amid global growth concerns weighed on Australian dollar.
• The Reserve Bank of Australia (RBA) Statement of Monetary Policy is awaited on Friday for more clues on rates
• A rally towards bigger resistance at 1.6845 is possible if EUR/AUD bulls overcome resistance at 38.2%fib.
• From a technical viewpoint, RSI is strongly bullish at 51, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.6779(38.2%fib), any close above will push the pair towards 1.6845(Oct 24th high).
• Immediate support is seen at 1.6678(50%fib) and break below could take the pair towards 1.6623(50DMA).
Recommendation: Good to buy on dips around 1.6750, with stop loss of 1.6650 and target price of 1.6830


FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro:USD/JPY hovers near a four-decade low
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro- Major Pair levels and bias summary
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro- Woodies pivot (Major)
Crypto Bias Report: Trend Signals and Top Bullish Picks 



