- Major resistance – 5797 (161.8% retracement of 5509 and 5043).
- Major support – 5600 (10- day MA).
- ASX200 jumped till 5712 yesterday and slightly declined from that level. It is currently trading around 5667.
- Short term trend is bullish as long as support 5560 (21- day EMA) holds.
- Any violation below 21- day EMA will drag the pair down till 5500/5480 (55- day EMA)/5435 (50- day MA).
- On the higher side, major resistance is at 5797 and any violation above will take the index till 5940/6000.
It is good to buy on dips around 5600 with SL around 5548 for the TP of 5720/5797.


FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro:EUR/AUD eases but bullish outlook persists
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Pair levels and bias summary
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: USD/ZAR edges higher but bearish outlook persists
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Woodies Pivot(Major)
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 



