• EUR/AUD was little changed on Wednesday as investors awaited fresh catalyst for further movement.
• On the data front, higher cost of borrowing dented the euro zone economy, with industrial production decreasing by 3.2% in January from the previous month.
• Investors are now looking to Thursday's U.S. retail sales data, the producer prices index (PPI) report, and jobless claims for more evidence on US interest rates this year.
• From a technical viewpoint, RSI is strongly bullish at 51, daily momentum studies, 5, 10 and 11 DMA’s are trending up.
• Immediate resistance is located at 1.6562(23.6%fib), any close above will push the pair towards 1.6603(March 7th high).
• Strong support is seen at 1.6454(38.2% fib) and break below could take the pair towards 1.6421 (Lower BB).
Recommendation: Good to buy around 1.6530, with stop loss of 1.6400 and target price of 1.6620


FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:EUR/AUD eases but bullish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 



