• EUR/AUD declined on Wednesday as the pair continued its downward march after US inflation data.
• EUR/AUD drops from 1.6248 to 1.6147. Break lower 50%fib risks run towards 1.6100 level .
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is strongly bearish at 42.
• Immediate resistance is located at 1.6248 ( Daily high), any close above will push the pair towards 1.6275 (5DMA).
• Immediate support is seen at 1.6140 (50%fib) and break below could take the pair towards 1.6107 (Lower BB).
Recommendation: Good to sell around 1.6200, with stop loss of 1.6300 and target price of 1.6140.


FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/USD biased higher but rally currently stretched 



