• EUR/AUD declined on Wednesday as increased risk appetite added to the AUD's shine.
• Investors sought riskier assets despite rise in COVID cases in China.
•Technical signals are bearish as RSI is heading down , daily momentum studies 5, 9 and 11 DMAs are trending down.
•Immediate resistance is located at 1.5822 ( 5DMA), any close above will push the pair towards 1.5946(23.6%fib)
• Support is seen at 1.5677(38.2%fib ) and break below could take the pair towards 1.5567(Dec 6th low).
Recommendation: Good to sell on rally around 1.5750, with stop loss of 1.5830 and target price of 1.5680.


Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/NZD edges lower but bullish outlook persists
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 



