• EUR/AUD dipped on Tuesday as the pair attracted sellers as investors took profits on recent rally.
• A close below support at 1.5995(38.2% fib) would give further momentum to bears, opening the way for a run towards 1.5900 level.
• Technical signals are mixed as RSI is turing lower, daily momentum studies 9,11 and 14 DMAs are trending up.
• Immediate resistance is located at 1.6086 ( 5 DMA), any close above will push the pair towards 1.6187(23.6 % fib)
• Support is seen at 1.5995(38.2% fib) and break below could take the pair towards 1.5952 (March 9th low).
Recommendation: Good to sell on rally around 1.6080, with stop loss of 1.6160 and target price of 1.6000


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/JPY holding bid into weekend
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 



