FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro: USD/CAD extends drop, faces 50%fib support 
FxWirePro- Major European Indices 
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next 
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 
FxWirePro: EUR/AUD poised for further downside after key fibo break 
Gold remains well supported above major support levels at $1185 levels.
- It made intraday high at $1194 and low at $1188 levels.
- The main event for the day is Fed chair Yellen testifies. She will head to Capitol Hill on Wednesday and Thursday to face scrutiny from lawmakers.|
- In addition, increasing concern over global equity markets helped to underpin demand for gold.
- On the top side, resistance levels are seen at $1200, $1205 and $1218 thereafter.
- Alternatively, reversal from $1200 levels may drag the parity towards $1175 levels.
- On the down side support levels are seen at $1188, $1182 and $1175 levels.
We maintain our bullish bias on XAU/USD. We prefer to take long position on XAU/USD around $1190, stop loss $1175 and target $1205 levels.
