The Australian dollar was steady at $0.7067 after surging 0.8 percent overnight on upbeat employment data.
- Consolidation set in today, AUD/USD drifts lower ahead of European session in a quiet trade
- More adjustments likely next week ahead of FOMC but AUD still a sell rally proposition
- Stochs on 4 hourly charts show bearish crossover at oversold levels, RSI biased down, strong resistance seen at 0.7078 (4h cloud base)
- The major is currently trading at 0.7060, with strong resistance at 0.7078 (4h cloud base) and support on the downside at 0.7031 (10-Day MA)
Recommendation: Good to sell rallies around 0.7070/75, SL: 0.7100, TP: 07040
Resistance Levels:
R1: 0.7078 (4h cloud base)
R2: 0.7100 (Session high Sep 10)
R3: 0.7155 (Daily High Sept 1)
Support levels:
S1: 0.7031 (10-Day MA)
S2: 0.6991 (Hourly low Sep 10)
S3: 0.6947 (Session Low Sept 10)


FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD extends drop, faces 50%fib support
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support
FxWirePro- Major European Indices
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro- Woodies Pivot(Major)
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
FxWirePro: GBP/USD hits 5-week,scope for further upside 



