• The AUD/USD strengthened on Monday as dollar retreated ahead of Trump inauguration.
• Trump's address on Monday could offer a preview of the tone he intends to adopt during his second term in the White House.
• The Australian data schedule is light this week, with the consumer price report set for January 29. Analysts expect the key trimmed mean to rise by 0.6% in Q4.
• At GMT 04:33, The Australian dollar was last trading up 0.36% to $0.6213.
• Immediate resistance is located at 0.6259(38.2%fib), any close above will push the pair towards 0.6283 (Higher BB).
• Support is seen at 0.6167 (Jan 17th low) and break below could take the pair towards 0.6135 (23.6%fib)
Recommendation: Good to sell around 0.6240, with stop loss of 0.6320, and target price of 0.6150


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support
FxWirePro: NZD/USD firms, setting up for next leg higher
FxWirePro: GBP/USD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
FxWirePro: GBP/NZD drops below 2.2600 level, heads deeper into bear territory
NZD/JPY Slips as Yen Strength Returns: Bears Eye Deeper Drop Toward 90.00
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD climbs to fresh three-year high amid hawkish RBA expectation
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY slides below 154 level, scope for further downside
FxWirePro: USD/CAD recovers slightly from early decline but bears are not done yet
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support
GBP/JPY Slips Below 210 as Yen Surge Turns Rallies into Selling Opportunities 



