• EUR/AUD edge lower on Thursday as dovish steer from ECB President Lagarde weighed on euro.
• Lagarde said there was no clear timeframe for when rates would start to rise, adding that it could be weeks or even several months after the end of the ECB's stimulus scheme.
• Selling pressure will remain in the short-term, only a move above 1.4868(50% fib) strong resistance will shift bias higher.
• Technical signals are bearish as RSI is at 34, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.4650( 5DMA), any close above will push the pair towards 1.4868(50% fib)
• Support is seen at 1.4531 (23.6% fib) and break below could take the pair towards 1.4353 (Lower BB).
Recommendation: Good to sell around 1.4620, with stop loss of 1.4800 and target price of 1.4420.


FxWirePro- Major European Indices
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD dips lower on negative UK retail sales data
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 



