EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro- Major European Indices 
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: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
Chart - Courtesy Trading View
AUD/USD was trading 0.60% higher on the day at 0.6895 at around 05:35 GMT.
Cautious comments from Fed Chairman Jerome Powell and San Francisco Fed President Mary Daly keep the US dollar under pressure.
Focus now on the preliminary readings of US Michigan Consumer Sentiment data for May, expected 64 versus 65.2 prior.
Technical analysis is bearish. GMMA indicator shows major and minor trend is strongly bearish.
Price action is below major averages, moving averages are trending lower. MACD and ADX support downside.
Price has resumed weakness for the week after Gravestone Doji on the previous week's candle2E
Major Support Levels:
S1: 1.68
S2: 1.6793 (Lower BB)
Major Resistance Levels:
R1: 0.6914 (5-DMA)
R2: 0.7142 (200H MA)
Summary: AUD/USD poised for further downside. Oversold oscillators may case some pullbacks. Upside however, is likely to be limited.
