Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision 
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
FxWirePro: AUD/USD dips below lower range, bearish bias increases 
AUD/USD chart - Trading View
AUD/USD has halted 8-day winning streak and was trading around 0.70 handle at around 03:40 GMT.
US-China and Sino-Australian tussles weigh on risk sentiment, keep the pair subdued. Upbeat NAB Business Confidence data fails to impress bulls.
Data released earlier today showed Australia's Business Confidence index improved for the second month in a row, rose to -20 in May from April's -46, beating the forecasted rise to -32.
Meanwhile, the Conditions index rose to -24 from -34 but missed the forecast of -16. Also, despite the rise, Business Confidence still remains at levels last seen during the 1990 recession.
After rallying over 2,000 pips from multi-year lows at 0.5506 in the month of March, price action in the pair is now starting to look overstretched.
The pair is extending in a Rising Channel pattern and is being capped at channel from the past few sessions.
Technical analysis shows highly overbought conditions on oscillators. A pullback looks imminent. Rejection at channel top could see dip till 0.6745 (channel base).
No major data scheduled for the day. Geopolitical news could impact price action. On the data front. focus now on Australia Westpac Consumer Confidence Index (June) due Wednesday at 00:30 GMT.
