- Upbeat comments from new RBA governor Lowe, in his testimony before the parliament support the Aussie.
- Broad-based commodities rally also buoyed the sentiment around the resource-linked currency.
- On the other side, NZD subdued after RBNZ held rates earlier today but kept alive speculation about future rate cuts.
- AUD/NZD has broken major resistances - 20-DMA at 1.0341 and major trendline at 1.0365 to hit 2-week highs of 1.0423.
- Techs are heavily bullish, we see scope for gains upto 1.05 (major trendline). Break above could see test of 1.0550 (61.8% Fib of 1.0743 to 1.0237 fall).
- Major support levels - 1.0365 (trendline), 1.0356 (23.6% Fib), 1.0341 (20-DMA)
- Major resistance levels - 1.0430 (38.2% Fib), 1.0468 (Aug 24 & 26 high), 1.05, 1.0540 (Aug 2 high)
Recommendation: Good to long dips around 1.04, SL: 1.0340, TP: 1.0465/ 1.05/ 1.0550


FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary 



