EUR/AUD price action re-enters daily cloud, but trend is definitely lower.
- Strong resistance is seen by channel top at 1.5095. The pair has been trending lower with the falling channel, with upside being restricted by channel top.
- RSI is also converging with the drop in prices, while Stochs are in a neutral territory.
- The pair has been stuck in a range between 1.5343-1.4863 since its bounce from channel base (Dec 3rd).
- We notice downside capped by daily tenkan at 1.4845, while a decisive break above channel top could see gains to 1.54 levels.
Recommendation: Good to sell EUR/AUD rallies around 1.5060, SL: 1.5150, TP: 1.49
Resistance Levels:
R1: 1.5092 (Session highs Jan 5th)
R2: 1.5095 (Channel top)
R3: 1.5154 (Dec 23 high)
Support Levels:
S1: 1.5023 (cloud base)
S2: 1.4992 (Session low Jan 5th)
S3: 1.4954 (Dec 10 lows)


FxWirePro: GBP/USD gives up gains as traders await UK GDP
JPY Majors Currency Score (15 min): NZDJPY Crashes to Extreme Bearish -100, CHFJPY Turns Sharply Bearish
FxWirePro: NZD/USD drifts lower as markets await US inflation data
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data
FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro- Woodies pivot (Major) 



