• EUR/AUD declined on Thursday as euro attracted selling after the European Central Bank (ECB) raised interest rates.
• The ECB raised rates by 75 basis points, in line with expectations, and signalled that it was keen to start shrinking its bloated balance sheet.
• At GMT 17:03, the pair was trading down 0.59 percent at 1.5421.
• Technical signals are bearish as RSI is heading down at 53, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.5645 (23.6%fib), any close above will push the pair towards 1.5715(24th Oct high)
• Strong support is seen at 1.5418 (38.2%fib ) and break below could take the pair towards 1.5277 (30DMA).
Recommendation: Good to sell on rally around 1.5420, with stop loss of 1.5500 and target price of 1.5330.


FxWirePro: GBP/USD steadies ahead key data, BoE event risk
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CAD pauses decline,critical support lies ahead
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices 



