• EUR/AUD edged higher on Tuesday but gains were limited as investors took a cautious stance ahead of the US CPI data and ECB decision.
• U.S. inflation data that will set the tone for whether the Federal Reserve will raise rates again ahead of ECB’s Thursday meeting.
• EUR/AUD gains near 5DMA,consolidation likely to continue while market seeks fresh factors.
• Technical signals are bearish as RSI is heading down at 49, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.6754 ( 5DMA), any close above will push the pair towards 1.6812(38.2%fib)
• Support is seen at 1.6674 (50%fib) and break below could take the pair towards 1.6637(Lower BB).
Recommendation: Good to sell around 1.6740, with stop loss of 1.6860 and target price of 1.6690


FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/CAD extends decline on broad dollar weakness 



