FxWirePro: GBP/NZD consolidates around 2.0980,bias is bullish 
FxWirePro: EUR/AUD heads deeper into bear territory, 1.6512 a key barrier 
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FxWirePro: EUR/AUD bulls rebuilding within solid support at 1.6405 
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- US Oil trades in narrow range, retraces from highs of 66.66 hit on Monday.
- Cautious trading is likely to extend ahead of the US-China trade talks.
- Price action remains capped at 5-DMA at 65.58. Bears likely target 20-DMA at 64.75.
- Technical indicators are also biased lower. Momentum indicators are biased lower.
- Break below 200-DMA will see further weakness. Scope then for test of 38.2% Fib at 62.57.
- The US API crude stockpiles data will be closely eyed for further direction.
Support levels - 65, 64.75 (200-DMA), 62.57 (38.2% Fib)
Resistance levels - 65.57 (5-DMA), 67.13 (110-EMA), 67.33 (21-EMA)
FxWirePro Currency Strength Index: FxWirePro's Hourly USD Spot Index was at 27.0931 (Neutral) at 1100 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
