AUD/USD chart on Trading View used for analysis
- AUD/USD hits fresh three-year lows, holds support at 0.70 handle.
- Aussie's confidence continues to evaporate after China's manufacturing PMI for December showed contraction for the first time since early 2017.
- Antipodean open 2019 on a firmly bearish note, scope for test of 0.69 handle in the coming weeks.
- Risk appetite waning in the Pacific sector, break below 0.70 handle to see acceleration in downside.
- The pair has breached major trendline support on the monthly charts, next major support lies at 0.69 (Sept 2015 low) ahead of 0.6827 (Jan 2016 low).
- On the flipside, 5-DMA is immediate resistance at 0.7036. Break above 200-DMA could see some upside continuation.
Support levels - 0.69 (Sept 2015 low), 0.6827 (Jan 2016 low), 0.6776 (Jun 2004 low)
Resistance levels - 0.7036 (5-DMA), 0.7109 (21-EMA), 0.7348 (200-DMA)
Recommendation: Watchout for break below 0.70 to go short, SL: 0.71, TP: 0.69/ 0.6830


FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro- Major Crypto levels and bias summary 



