Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro- Woodies pivot (Major) 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
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• EUR/AUD declined on Wednesday as the pair attracted sellers after soft US data and Powell comments.
• The Fed's Powell cautioned that continued progress on lowering inflation is not assured but said rate cuts remain on the table for later this year.
• The is pair heading towards the lower 50%fib, as near term direction of the pair is likely to be driven by current price action.
• Technical are bearish, daily RSI has turned lower, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.6673 (38.2%fib ), any close above will push the pair towards 1.6711(Daily high).
• Strong support is seen at 1.6577 (Daily low ), and break below could take the pair towards 1.6543(50%fib).
Recommendation: Good to sell on around 1.6610, with stop loss of 1.6750 and target price of 1.6540
