• EUR/AUD declined on Monday as sketchy progress in fighting the coronavirus pandemic and differing Euro Zone economic fundamentals weighed on euro.
• The pair currently is approaching to test support at 1.5620 (23.6% fib ). A close below would set the stage for a run lower near 1.5551(Lower BB).
• Technical signals are bearish as RSI is at 39, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.5640( 5 DMA), any close above will push the pair towards 1.5795 (38.2%fib)
• Support is seen at 1.5620 (23.6% fib ) and break below could take the pair towards 1.5564 (Lower BB).
Recommendation: Good to sell around 1.5680, with stop loss of 1.5800 and target price of 1.5560.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary 



