Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Woodies pivot (Major) 
JPY Action Bias: Bullish Pairs to Watch Out For 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: AUD/USD dips after RBA Governor speech 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro- Major Pair levels and bias summary 
Chart - Courtesy Trading View
AUD/USD was trading 0.39% higher on the day at 0.7213 at around 06:00 GMT.
The pair is extending some gains on the day after China Caixin Manufacturing PMI rose past market forecasts in December.
Data released earlier on Tuesday showed China’s Caixin Manufacturing PMI crossed 50.0 market consensus and 49.9 prior levels to print 50.9 level in December.
That said, worsening virus conditions at home and abroad keep risk appetite sour and check further gains in the pair.
Focus on US ISM Manufacturing PMI for December due later today in the NY session. PMI is expected at 60.2 versus 61.1 prior.
Major attention will be on the FOMC meeting minutes for Fed rate-hike concerns and also virus updates for further impetus.
Major Support Levels:
S1: 0.7187 (20-DMA)
S2: 0.7173 (200-week MA)
Major Resistance Levels:
R1: 0.7236 (55-EMA)
R2: 0.7301 (110-EMA)
Summary: Technical analysis for the pair shows major trend is bearish. Recovery was rejected at daily cloud and 55-EMA resistance, raising scope for resumption in weakness.
Price action has slipped below 21-EMA and is hovering around 20-DMA support at 0.7187. Break below 20-DMA will see more downside. Next major support lies at 200-week MA at 0.7173.
