FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
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FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
- EUR/GBP stuck in tight range, focus remains on BoE policy meeting due ahead in the European session.
- The pair was rejected above 20-DMA on Tuesday's trade. Momentum studies are neutral, with a slightly bullish bias.
- 50-DMA at 0.8521 is stiff resistance on the upside, break above could see further gains.
- On the flipside, break below major trendline support at 0.8490 could see drag upto 200-DMA at 0.8417.
- Support levels - 0.8490 (trendline), 0.8470 (Jan 26 low), 0.8417 (200-DMA)
- Resistance levels - 0.8521 (50-DMA), 0.86, 0.8611 (20-DMA), 0.8651 (100-DMA)
TIME TREND INDEX OB/OS INDEX
1H Bearish Neutral
4H Neutral Neutral
1D Neutral Neutral
1W Bearish Neutral
Recommendation: Good to go long on break above 50-DMA at 0.8521, SL: 0.8470, TP: 0.86/ 0.8620/ 0.87/ 0.8760
FxWirePro Currency Strength Index: FxWirePro's Hourly EUR Spot Index was at 32.6548(Neutral), while Hourly GBP Spot Index was at 38.4279 (Neutral) at 0840 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
