AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115 
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FxWirePro- Woodies pivot (Major) 
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115 
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Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish 
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FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data 
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217 
FxWirePro: AUD/USD range bound ahead of RBA policy decision 
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch 
FxWirePro: AUD/USD eases as investors switch focus to RBA 
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish 
FxWirePro- Major Pair levels and bias summary 
- AUD/USD tight range in the mid-Asian session, traders wary heading into the RBA policy decision due shortly.
- The pair has broken above 200-DMA at 0.7254 post poor NFP data last Friday and trades with a majorly bullish bias despite weak MI inflation forecasts.
- Data released on Monday showed Australia Melbourne Institute inflation reading came in at +1.0% y/y vs prior 1.5%. While m/m was at -0.2% vs +0.1% in the previous month.
- The RBA is widely expected to remain on hold considering the recent upbeat GDP data, while a dovish statement cannot be ruled out.
- Immediate support is seen by 100-DMA at 0.7368, while resistance is seen around 0.74 levels.
- Our previous call (http://www.econotimes.com/FxWirePro-AUD-USD-breaks-above-200-DMA-good-to-buy-dips-217575) has achieved TP1.
Recommendation: Raise stops to 0.73, holds for upside. Break below 0.73 could drag the pair to 0.72 levels.
