• EUR/AUD rebounded strongly on Thursday after ECB maintained unchanged rates and resisted the idea of implementing a more relaxed monetary policy in the upcoming year.
• The ECB kept deposit rate unchanged at a record-high 4%.The ECB's updated economic projections pointed to lower inflation and growth, particularly for next year.
• The pair currently is approaching resistance at 50%fib . A break above would unmask 1.6450 level in the short term.
• Immediate resistance is located at 1.6552 (5DMA), any close above will push the pair towards 1.6397 (50%fib).
• Immediate support is seen at 1.6313 (38.2%fib) and break below could take the pair towards 1.6204(23.6%fib).
Recommendation: Good to buy on dips around 1.6370, with stop loss of 1.6250 and target price of 1.6480


USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/CAD bulls continue to hold the higher ground 



