• GBP/AUD initially gained on Tuesday but longs ceded some ground after UK labour data.
• UK unemployment rate rose by more than expected to 4.2% from 3.9%, also suggesting a loss of momentum in the jobs market.
• Underlying trend for the pair remains bullish. A break above 23.6%fib resistance might spur increased upside momentum.
• Technical signals show bullish momentum , the 9 SMA and 11 SMAs trend north, while RSI is heading up at 58.
• Immediate resistance is located at 1.9472 (23.6%fib), any close above will push the pair towards 1.9525 (March 6th high).
•,Strong support is seen at 1.9326 (38.2%fib) and break below could take the pair towards 1.9262 (SMA 9).
Recommendation: Good to buy around 1.9380, with stop loss of 1.9280 and target price of 1.9480


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 



