- Pair is currently trading at $0.7102 levels.
- It made intraday high at 0.7128 and low at $0.7085 levels.
- Intraday bias remains downside for the moment.
- Corrective rebound from $0.6826 should have completed at $0.7242 already.
- Pair is likely to fall further for retesting $0.6826 low first.
- On the other side, a daily close above $0.7242 will bring another rise.
- Initial support levels are seen at $0.7009, $0.6912 and $0.6826 levels.
- On the top side, key resistance levels are seen at $0.7178, $0.7242 and $0.7384 levels.
We prefer to take short position in AUD/USD around $0.7120, stop loss $0.7242 and target $0.6912 levels.


FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD range bound ahead of RBA policy decision
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro- Woodies pivot (Major)
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: EUR/AUD bears maintain upper hand 



