• EUR/AUD declined on Thursday as euro weakened after Fed Chair Powell's Jackson Hole speech.
• The Federal Reserve rolled out an aggressive new strategy to restore the United States to full employment and lift inflation back to healthier levels
• At GMT 17:48, the pair was trading down 0.38 percent at $1.6291.
• Technical signals are bearish as RSI is heading down at 40, daily momentum studies 5, 9 and 11 DMAs are trending down, bolster bearish momentum.
• A long upper wick has formed on the August 25th candle, which suggests EUR/AUD bear trend.
• On the upside, strong resistance is located at 1.6360 ( 50% fib), any close above will push the pair towards 1.6400(5 DMA)
• On the downside, immediate support is seen at 1.6276 (38.2 %fib ) and break below could take the pair towards 1.6170 (23.6%fib).
Recommendation: Good to sell around 1.6350, with stop loss of 1.6400 and target price of 1.6250.


FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD softens as risk appetite abates
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro- Major Crypto levels and bias summary 



