• EUR/AUD dipped on Wednesday as investors questioned the durability of the U.S.–Iran ceasefire .
• U.S. President Donald Trump's unilaterally declared ceasefire extension in the Iran war, and oil resumed its upward climb after Iran challenged the fragile truce by seizing two cargo ships in the Strait of Hormuz.
• Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway, after Trump called off attacks indefinitely with no sign of peace talks restarting.
• Markets have been swayed by alternating bouts of optimism that a deal is within reach and fears that the conflict could drag on, causing prolonged disruptions to energy markets.
• Immediate resistance is located at 1.6428 ( 38.2%fib), any close above will push the pair towards 1.6571 (SMA 20)
• Support is seen at 1.6293(Lower BB) and break below could take the pair towards 1.6180(23.6%fib).
Recommendation: Good to sell around 1.6360, with stop loss of 1.6460 and target price of 1.6200


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD downward momentum remains in place
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY bears maintain upper hand 



