• EUR/AUD initially gained on Friday but gave up ground as investors booked profits on long position ahead of week end.
• On the data front, consumer prices in France rose 1.6% year-on-year in October, statistics office INSEE said on Friday, revising slightly up its preliminary reading of 1.5% published late last month.
• EU-harmonised year-on-year inflation in the bloc's second-biggest economy accelerated slightly in October, compared with the September reading of +1.4%..
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is strongly bearish at 48.
• Immediate resistance is located at 1.6350(38.2% fib), any close above will push the pair towards 1.6428(23.6% fib).
• Immediate support is seen at 1.6288(50%fib) and break below could take the pair towards 1.6220(61.8%fib).
Recommendation: Be on sidelines


NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro- Woodies pivot (Major)
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro- Woodies pivot (Major) 



