- The Australian dollar declined, extending losses for the fourth straight session, as risk sentiment weakened after President Donald Trump disappointed markets with a coronavirus plan light on details.
- On Wednesday, U.S. President Donald Trump announced the United States will suspend all travel from Europe as he unveiled measures to contain the coronavirus epidemic.
- However, his address from the Oval Office was light on medical measures beyond assurances that the virus has no chance against us.
- The Aussie was trading 0.7 percent down at 0.6438, having hit a low of 0.6314 on Monday, it’s lowest since March 2009.
- Technical indicators are bearish: RSI weak at 29, Stochs are biased lower and MACD supports downside.
- Immediate resistance is located at 0.6497, a break above could take it near 0.6535.
- On the downside, support is seen at 0.6427, a break below could drag it till 0.6412.
Recommendation: Good to sell on rallies around 0.6480, with stop loss of 0.6497, and target price of 0.6427.


FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 



