• EUR/AUD initially dipped on Monday but it regained some ground as traders digested Friday’s jobs report, with attention turning to U.S. inflation data.
• U.S. consumer price index (CPI) data due on Thursday will be in focus to assess whether more rate hikes are needed to tame inflation.
• EUR/AUD is focus is on 23.6%fib resistance , a break above will accelerate further uptrend.
• From a technical viewpoint, RSI is strongly bullish at 60, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.6813(23.6%fib), any close above will push the pair towards 1.6843 (Higher BB).
• Immediate support is seen at 1.6709 (5DMA) and break below could take the pair towards 1.6660(38.2%fib).
Recommendation: Good to buy on dips around 1.6710, with stop loss of 1.6600 and target price of 1.6770


FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: GBP/USD recovers some ground but bears are not done yet
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 



