• EUR/AUD gave up early gains on Wednesday as worries of third wave of COVID-19 infections in Eurozone weighed on the pair.
• EUR/AUD hit daily high at 1.5436, before retreating slightly trade at 1.5427 by 16:53 GMT.
• EUR/AUD is in danger of crashing under major fibo support, clear break of 1.5436 opens 1.5300 level.
• Technical signals favours bearish sentiment, RSI is at 46 and pair trades below 5,11 & 14-DMAs.
• Immediate resistance is located at 1.5436 (30DMA), any close above will push the pair towards 1.5500(Psychological level).
• Strong support is seen 1.5378(23.6%fib) and break below could take the pair towards 1.5304(Lower BB)
Recommendation: Good to sell around 1.5420, with stop loss of 1.5500 and target price of 1.5330


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 



