AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook 
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
• AUD/USD edged lower on Thursday as bets for a February rate cut grew following softer-than-expected CPI.
• Data on Wednesday showed consumer prices rose 0.2% in Q4, with annual inflation slowing to 2.4%. Core inflation dropped to 3.2%, below the expected 3.3%, and was 2.7% in December.
• Market is pricing in a 95% chance of a quarter point reduction in the 4.35% cash rate at the RBA's next meeting on Feb. 18.
• At GMT 05:12, the pair was trading down 0.17% at 0.6220
• Immediate resistance is located at 0.6275(50%fib), any close above will push the pair towards 0.6352(61.8%fib).
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• Support is seen at 0.6202(38.2%fib) and break below could take the pair towards 0.6147(Lower BB).
Recommendation: Good to sell around 0.6250 with stop loss of 0.6330 and target price of 0.6200
