• EUR/AUD dipped on Thursday as recession worries in Eurozone kept bearish pressure on euro.
• EUR/AUD fell to 1.4758 before steadying around 1.4838 in late US session.
• EUR/AUD it is just trading above the 38.2%fib support,A close below would add further bearish pressure.
•Technical are bearish, daily RSI is negative at 39, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.4858 (5DMA ), any close above will push the pair towards 1.4918 (50%fib).
•Immediate support is seen at 1.4758(38.2%fib) and break below could take the pair towards 1.4638 (Lower BB).
Recommendation: Good to sell around 1.4850, with stop loss of 1.4960 and target price of 1.4770


FxWirePro-Major European Indices
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 



