• EUR/AUD slipped lower on Friday as Friday saw downside surprises in French and Spanish inflation data.
• European data revealed that inflation in France and Spain increased less than anticipated, raising expectations for a rate cut from the European Central Bank in October to over 90%.
•At GMT 19:45, the pair was trading down 0.28 percent at 1.6123, lowest level since 16th July.
• From a technical viewpoint, RSI is strongly bearish at 29, daily momentum studies, 11, 14 and 21 daily MAs are lower .
• Immediate resistance is located at 1.6347 (38.2% fib), any close above will push the pair towards 1.6427(Sep 24th high).
• Immediate support is seen at 1.6130 (23.6% fib) and break below could take the pair towards 1.6083 (Lower BB).
Recommendation: Good to sell around 1.6170, with stop loss of 1.6260 and target price of 1.6100


FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: GBP/NZD reverses course, bias back to downside
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro- Woodies Pivot(Major)
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



