- Earlier today RBA surprised markets with rate cut which caused a knee-jerk slump in the Aussie across the board.
- The statement lacked an explicit easing bias but the market will watch for clues in this regard when the Bank delivers the SoMP on Friday.
- EUR/AUD extends upside, hit 2-month highs at 1.5273, and has since pared some gains to currently trade at 1.5240 levels.
- Momentum studies are bullish, we see scope for further upside, pair on track to test cloud top resistance at 1.5359.
- Our previous call (http://www.econotimes.com/FxWirePro-EUR-AUD-extends-upside-into-daily-cloud-focus-on-RBA-rate-decision-202970) has hit all targets.
Recommendation: Raise stops to 1.51, target 1.53/ 1.5360


JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro- Major Pair levels and bias summary
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro:' USD/CAD faces downside risk below 1.4000
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 



