- AUD/USD was down around 70 pips after weak retail sales data, testing the 0.7000 handle
- The pair failed to break below and a swift bounce ensued, taking the pair to 0.7020 levels
- AUD/USD is being supported by quiet Asian equity markets with holiday in China
- Long-term bear trend intact, hourlies point lower, selling rallies towards 0.7157 (10-Day MA) favored
- The pair is currently trading at 0.7018, with immediate resistance at 0.7048 (Session High Sept 2) and support at 0.6982 (Session Low Sept 2)
R1: 0.7048 (Session High Sept 2)
R2: 0.7155 (Session High Sept 1)
R3: 0.7157 (10-Day MA)
Support Levels:
S1: 0.6982 (Session Low Sept 2)
S2: 0.6950 (Daily Low Apr 20 2009)
S3: 0.6855 (Daily Low Apr 1 2009)


FxWirePro- Woodies Pivot(Major)
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains
FxWirePro: USD/CAD downside pressure builds, key support level in focus
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY dips below lower range, bearish bias increases
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: USD/ CNY gains some upside momentum but still bearish 



