FxWirePro: GBP/NZD extends gains, faces 23.6%fib resistance 
FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- BGBUSD (Chart of the day) 
FxWirePro:EUR/NZD getting back on track for run toward 1.8100 level 
FxWirePro:GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD consolidating around 1.6490, room for further gains 
FxWirePro- OKBUSD (Chart of the day) 
FxWirePro: GBP/AUD under pressure after early buying dries up 
FxWirePro- Ethereum Daily Outlook 
FxWirePro: GBP/AUD uptrend looks tired, but continues to hold 
FxWirePro GBP/NZD drops on dovish BoE comments, more downside expected 
FxWirePro:EUR/NZD maintains bullish bias with focus on 1.8150 level 
FxWirePro: EUR/AUD positions for another climb, eyes 1.6650 level 
FxWirePro:EUR/AUD consolidates around 1.6585, maintains bullish bias 
FxWirePro- Silver Daily Outlook 
FxWirePro- ONDOUSD (Chart of the day) 
FxWirePro: EUR/AUD loses momentum but outlook is bullish 
Chart - Courtesy Trading View
AUD/USD was trading 0.89% higher on the day at 0.6511 at around 06:40 GMT.
Softer yields join downbeat US data and inflation expectations to weigh on the US dollar, aiding upside in the pair.
That said, recovery lacks traction, major trend is bearish, scope for downside resumption.
GMMA indicator shows major and minor trend are strongly bearish on the daily charts.
Price action is below major moving averages which are trending lower. MACD and ADX support downside in the pair.
Volatility is high as evidenced by wide Bollinger bands, momentum is bearish, Stochs and RSI are in oversold territory.
Major Support Levels: 0.6372 (May 2020 low), 0.63
Major Resistance Levels: 0.6549 (5-DMA), 0.6641 (200H MA)
Summary: AUD/USD recovery lacks traction, scope for downside resumption as major trend remains bearish.
