EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR retreats but trend is still bullish 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
• EUR/AUD declined on Monday as Australian dollar was buoyed by higher commodities, easier COVID curbs.
• Australian dollar gained after gyms and restaurants in Sydney welcomed back fully vaccinated customers after nearly four months of lockdown. Higher oil and iron ore prices also supported antipodean currency.
• At GMT 20:07, the pair was trading down 0.66 percent at 1.5723.
• Technical signals are bearish as RSI is heading down at 30, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.5787 ( 38.2%fib), any close above will push the pair towards 1.5723(5 DMA)
• Support is seen at 1.5686 (23.6 %fib ) and break below could take the pair towards 1.5616 (6th July low).
Recommendation: Good to sell on rally around 1.5730, with stop loss of 1.5850 and target price of 1.5660.
