GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro: AUD/USD dips after RBA Governor speech 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
JPY Action Bias: Bullish Pairs to Watch Out For 
• EUR/AUD rose on Thursday as investors pulled up ECB hike expectations.
• ECB President Christine Lagarde fuelled expectations of faster policy tightening, as she focused on the prospect of euro zone inflation overshooting.
• EUR/AUD bulls confidence is running high, a rise towards 1.6150 is likely.
• From a technical viewpoint, RSI is strongly bullish at 63, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.6043 (23.6%fib), any close above will push the pair towards 1.6158(6th Dec 2021).
• Immediate support is seen at 1.5969 (38.2%fib) and break below could take the pair towards 1.5910 (50%fib).
Recommendation: Good to buy on dips around 1.6000, with stop loss of 1.5900 and target price of 1.6100
