EUR/AUD chart on Trading View used for analysis
- EUR/AUD trades 0.40% lower on the day at 1.5870 at 1145 GMT.
- The pair trades with a bearish momentum, Stochs and RSI sharply lower.
- MACD shows a bearish crossover on signal line adding to the bearish bias.
- We see strong support in the 1.5852-1.5857 range, break below to see further weakness.
- Upside remains capped at 5-DMA, break above to see test of 20-DMA at 1.6063.
Support levels - 1.5857 (200-DMA), 1.5673 (Dec 12th/ 13th low), 1.5580 (Aug 7th low)
Resistance levels - 1.5961 (5-DMA), 1.5990 (21-EMA), 1.6063 (20-DMA)
Recommendation: Watch out for break below 200-DMA to go short.
For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro- Woodies pivot (Major)
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 



