FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 
FxWirePro: EUR/AUD edges higher but outlook still bearish 
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro :USD/JPY hovers near 40-year high, bias bullish 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
FxWirePro:EUR/NZD extends decline, key support lies ahead 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
FxWirePro: USD/CNY edges lower , bearish outlook persists 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/AUD bears maintain upper hand 
• AUD/USD edged higher on Wednesday as U.S. dollar retreated following softer-than-expected U.S. June inflation data that eased expectations for near-term Federal Reserve rate hikes.
• Top Fed officials welcomed softer June inflation but said more evidence is needed to confirm inflation is easing sustainably.
• Improved risk appetite, driven by strong U.S. bank earnings and a rebound in chip stocks, also underpinned the Australian dollar.
• Meanwhile, expectations for further policy tightening remained limited despite the Reserve Bank's three rate hikes since February..
• Markets currently price a 20% chance of an August rate hike and about a 60% probability by December.
• Immediate resistance is located at 0.7009(50%fib), any close above will push the pair towards 0.7041(Higher BB).
• Support is seen at 0.6949 (SMA20) and break below could take the pair towards 0.6905(61.8%fib).
Recommendation: Good to buy around 0.6970 with stop loss of 0.6710 and target price of 0.7050
