• AUD/ USD rebounded from overnight losses on Thursday as risk assets rallied on more news of China stimulus.
• News report revealed Chinese authorities are evaluating a $142 billion infusion to assist major lenders, shortly after policymakers introduced measures aimed at revitalizing the economy from its deflationary slump.
• AUD/USD climbed 0.41% to $0.6851, recovering after a 1% drop overnight from its 19-month high.
•The technical outlook remains bullish and points to eventual bigger gains, Fourteen-day momentum is positive, reinforcing the scope for a bigger gains
• Immediate resistance is located at 0.6890(23.6%fib), any close above will push the pair towards 0.6922(Higher BB).
• Support is seen at 0.6827 (38.2%fib) and break below could take the pair towards 0.6798(Sep 23rd low).
Recommendation: Good to buy around 0.6840, with stop loss of 0.6760 and target price of 0.6900.


Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
Crypto Bias Report: Trend Signals and Top Bullish Picks 



