FxWirePro:EUR/NZD maintains bullish bias with focus on 1.8150 level 
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FxWirePro:EUR/AUD consolidates around 1.6585, maintains bullish bias 
FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
FxWirePro:GBP/NZD downside pressure builds, key support level in focus 
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FxWirePro:EUR/NZD buoyancy keeps consolidation intact, set for further gains 
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FxWirePro:EUR/NZD uptrend intact, prepping for key resistance breakout 
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FxWirePro: EUR/AUD positions for another climb, eyes 1.6650 level 
FxWirePro- ONDOUSD (Chart of the day) 
- AUD/JPY finds strong support at 'Triangle Base' at 85.50, the pair is struggling to break below.
- Price action on the day has retraced brief dip below 85.50 and is currently at 85.83 levels.
- Wall Street's recovery overnight which has supported Asian markets today (which are trading largely flat) keep yen demand in check.
- Reports earlier today which showed a rise in China's iron ore imports likely to have kept the Aussie slightly bid.
- AUD/JPY edges higher on the day, up 0.38% as we write. We see weakness only on break below 85.50.
- Technical studies support downside. Price action has broken below major moving averages and daily cloud.
- Breach at 'Triangle Base' raises scope for test of 84.66 (Dec 7 low). Bearish invalidation on retrace above 200-DMA.
Recommendation: Watch for decisive break below 86.50 for further weakness, target 85/ 84.70/ 84.35.
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