• EUR/AUD strengthened on Friday as Australian dollar weakened after Reserve Bank of Australia warned upside surprises to inflation in policy outlook.
• Reserve Bank of Australia said its Board discussed holding rates steady at its November policy meeting this week, but judged a hike was needed to ensure a slowdown in inflation.
• The pair hit daily high at 1.6839and was last trading at 1.6797 at (GMT 17:23).
• Technical signals strongly bullish as RSI is at 59, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.6839(23.6%fib), any close above will push the pair towards 1.68961(Higher BB).
• Immediate support is seen at 1.6734(38.2%fib) and break below could take the pair towards 1.6653(50%fib).
Recommendation: Good to buy on dips around 1.6780, with stop loss of 1.6700 and target price of 1.6850


FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Crypto levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/USD dips lower on negative UK retail sales data 



