FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
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FxWirePro: EUR/NZD loses momentum but bullish setup remains 
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Sterling’s Six-Week Streak Snaps: GBPJPY Slumps Toward 210.00 as Bearish Momentum Intensifies 
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FxWirePro: EUR/USD slips as Iran conflict fuels inflation fears 
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Euro Bulls Retreat: EURUSD Faces Resistance at 1.1500 as Technical Indicators Signal Further Downside 
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Aussie Losing Its Luster: AUDJPY Breaks Below 110.00 as Bearish Momentum Intensifies 
• EUR/AUD dipped on Tuesday as hopes of de-escalation in the Middle East improved sentiment .
• Sentiment was boosted on Tuesday after the Wall Street Journal reported that U.S. President Donald Trump told aides he was willing to end the military campaign against Iran even if the Strait of Hormuz remained largely closed.
• The war, which began with the U.S. and Israel launching coordinated strikes against Iran in late February, has sent shockwaves across global markets and raised the risk of a worldwide recession...
•The European Union's energy chief has told governments to prepare for "prolonged disruption" to energy markets as a result of the war, ahead of an emergency meeting on Tuesday..
• Strong resistance is located at 1.6830(38.2% fib), any close above will push the pair towards 1.6874(Higher BB)
• Immediate support is seen at 1.6685 (38.2% fib) and break below could take the pair towards 1.6555(50% fib).
Recommendation: Good to buy around 1.6700, with stop loss of 1.6640 and target price of 1.6760
