- Pair is well supported above $0.7100 levels.
- It made intraday high at $0.7171 and low at $0.7100 levels.
- Corrective rebound from $0.6826 should have completed at 0.7241 already.
- On the top side, a daily close above $0.7241 is required to confirm the bullish trend.
- Alternatively, a break below $0.6826 will confirm the bearish bias.
- Strong resistance falls at $0.7384 marks and key support falls at $0.6826 levels.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge
Canada Stocks Steady as Markets Await Fed and BoC Decisions
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 



