FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
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FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
• EUR/AUD declined on Wednesday as extended lockdowns in Europe to combat the spread of COVID-19 and worries about the pace the rollout of vaccines in weighed on euro
• At GMT 17:20, the pair was trading down 0.65 percent at $1.5656.
• Technical signals are bearish as RSI is heading down at 36, daily momentum studies 5, 9 and 1 DMAs are trending down.
• On the upside, Immediate resistance is located at 1.5700( 38.2%fib), any close above will push the pair towards 1.5774(38.2%fib)
• On the downside, support is seen at 1.5602 (23.6%fib ) and break below could take the pair towards 1.5514(Lower BB).
Recommendation: Good to sell around 1.5660, with stop loss of 1.5800 and target price of 1.5550.
