• EUR/AUD initially dipped on Friday but recovered some of the ground as buying demand continued near 1.6315 level.
• French consumer price inflation (CPI) rose 4.1% year-on-year in December, while Spain's annual inflation fell to 3.1% last month.
• A daily close above 38.2%fib will further improve the technical outlook, and open the possibility of a rally towards 1.6450 level.
• Technical signals are bullishas RSI is at 54, daily momentum studies 5,9,21 DMA are trending north.
• Immediate resistance is located at 1.6406(38.2%fib), any close above will push the pair towards 1.6442 (Higer BB).
• Strong support is seen at 1.6315 (50%fib) and break below could take the pair towards 1.6258 (61.8%fib).
Recommendation: Good to buy around 1.6360 with stop loss of 1.8400 and target price of 1.6450


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro- Major Crypto levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level 



