• EUR/AUD initially dipped on Wednesday but reversed course ahead of ECB meeting.
• ECB meeting risk prompted short covering on possible hawkish rhetoric,EUR/AUD turns positive on the session, nears 38.2%fib resistance.
• EUR/AUD bulls confidence is running high, a test of the 38.2%fib cannot be ruled out.
• From a technical viewpoint, RSI is turning up, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.4715(38.2%fib), any close above will push the pair towards 1.4796 (30DMA).
• Immediate support is seen at 1.4472 (23.6%fib) and break below could take the pair towards 1.4362 (Lower BB).
Recommendation: Good to buy on dips around 1.4600, with stop loss of 1.4500 and target price of 1.4710.


FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/ZAR retreats slightly but bias is bullish
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 



