AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro- Major European Indices 
FxWirePro- Woodies Pivot(Major) 
• GBP/AUD slipped lower on Tuesday as Australian dollar was boosted after RBA decided not to put its taper plans on hold.
• The RBA surprised the market by not reversing its decision to reduce bond purchases. The RBA statement was relatively upbeat insisting economy will recover back to normal once coronavirus lockdowns ease.
• The is pair heading towards the lower 50%fib, as near term direction of the pair is likely to be driven by current price action.
• Technical are bearish, daily RSI is turning lower, daily momentum studies 5 and 9 DMAs are trending south.
• Immediate resistance is located at 1.8844 (38.2%fib ), any close above will push the pair towards 1.8943 (Higher BB).
• Strong support is seen at 1.8755 (50%fib ), and break below could take the pair towards 1.8672 (61.8%fib).
Recommendation: Good to sell on around 1.8840, with stop loss of 1.8950 and target price of 1.8730
