• GBP/ AUD rose sharply on Tuesday as Australian dollar weakened after RBA raised interest rates as expected but softened its hawkish guidance on policy.
• The Reserve Bank of Australia (RBA) lifted its cash rate 25 basis points to 3.60%, the 10th straight move since last May when rates were at an all-time low of 0.1%.
• At GMT 16:38 , the pair was trading up 0.59 percent at 1.7965 after hitting daily high at1.8035.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 65,while moving averages are trending higher.
• Immediate resistance is located at 1.7993(23.6%fib), any close above will push the pair towards 1.8053(Higher BB).
• Immediate support is seen at 1.7827 (38.2%fib) and break below could take the pair towards 1.7785 (11DMA).
Recommendation: Good to buy around 1.7950, with stop loss of 1.7860 and target price of 1.8050


FxWirePro- Major Crypto levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Pair levels and bias summary
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major European Indices
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 



