• EUR/AUD recovered some ground on Wednesday as investors booked profits on shorts .
• EUR/AUD fell as low as 1.6500 before buyers returned.EUR/AUD moving higher slightly and I was last trading around 1.6580.
• Technical signals are bearish as RSI is at 43, daily momentum studies 10,11 and 14 DMAs are trending down.
• Immediate resistance is located at 1.6606 ( 38.2%fib), any close above will push the pair towards 1.6632 (11DMA)
• Support is seen at 1.6503 (23.6% fib ) and break below could take the pair towards 1.6460 (November 6th low).
Recommendation: Good to sell around 1.6600, with stop loss of 1.6700 and target price of 1.6530


FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro- Woodies pivot (Major)
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 



