FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
• EUR/AUD recovered some ground on Thursday as upbeat Euro zone economic sentiment data supported the pair.
• The European Commission’s monthly sentiment survey showed economic optimism in the 19 countries sharing the euro rose to 93.4 points this month from 91.5 in January, beating expectations
• EUR/AUD traded up to1.5367 and was around to 1.6359 into the US afternoon, close above 1.6440(9DMA) is needed to end the downside bias.
• Technical signals are bearish as RSI is at 34, daily momentum studies 14, 20 and 21 DMAs are trending down.
• Immediate resistance is located at 1.5362 ( Daily high), any close above will push the pair towards 1.5392 (61.8%fib)
• Support is seen at 1.5247 (38.2%fib ) and break below could take the pair towards 1.5147 (23.6% fib).
Recommendation: Good sell around 1.6240, with stop loss of 1.6350 and target price of 1.6152.
