• EUR/AUD declined on Thursday as higher stocks price and iron-ore rally bolstered Australian dollar.
•The pair is approaching 50%fib,a daily close below will accelerate towards 1.6200 in the short term.
•From a technical viewpoint, the moving averages are pointing downwards, while the RSI is bearish at 49.
• Immediate resistance is located at 1.6359(38.2%fib), any close above will push the pair towards 1.6404 ( 5DMA).
• Strong support is seen at 1.6263 (50%fib) and break below could take the pair towards 1.6167 (61.8%fib).
Recommendation: Good to sell around 1.6300, with stop loss of 1.6380 and target price of 1.6220.


FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Woodies Pivot(Major)
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major Pair levels and bias summary 



