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FxWirePro: GBP/AUD loses momentum but bullish setup remains 
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FxWirePro- Major Pair levels and bias summary 
- AUD/JPY slips below 5-DMA, intraday bias neutral.
- Bearish RSI divergence seen on daily charts.
- Strong support lies at 86.38 which is 20-day MA.
- Break below will confirm bearish reversal trend.
Support levels - 86.38 (20-DMA), 85.35 (cloud top), 85.20 (Jan 31 low), 84.46 (23.6% Fib retrace of 72.437 to 88.176 rally)
Resistance levels - 87.44 (session high), 88 (psychological level), 88.20 (rising trendline)
TIME TREND INDEX OB/OS INDEX
1H Bullish Neutral
4H Bearish Neutral
1D Neutral Neutral
1W Bullish Neutral
Recommendation: Good to go short on break below 86.38 (20-DMA), SL: 87.40, TP: 86/ 85.35/ 85/ 84.46
FxWirePro Currency Strength Index: FxWirePro's Hourly AUD Spot Index was at 105.09(Bullish), while Hourly JPY Spot Index was at -13.7328 (Neutral) at 0530 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
