FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
AUD/NZD chart - Trading View
AUD/NZD was trading 0.11% higher on the day at 1.0479 at around 10:00 GMT.
The pair trades with a strong bearish bias with scope for further weakness.
Price action is consolidating break below weekly cloud and is on track to test major trendline support and double bottom at 1.0418.
A glaring divergence between the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ) paves way for further plunge in the pair.
At the RBNZ policy meet next week (18th Aug), a rate rise of 25 basis points to 0.5% is now fully priced in.
While, the RBA is unlikely to increase the 0.1% cash rate until 2024 given weakness in wage growth and core inflation.
While the market suspects it will move earlier, a rise is not priced in until November next year.
AUD/NZD is poised for further weakness. Scope for test of 1.0418 (trendline). Bearish invalidation only avove 21-EMA.
