The Aussie has been advancing over the previous days, bolstered mainly by the US dollar weakness.
- The pair broke some important levels on the way higher and was testing the $0.72 resistance during the London session on Wednesday.
- The pair is likely heading lower in the near future, targeting the broken resistance of $0.7150, which will now act as a support.
- If the $0.7210 resistance falls, further upside toward $0.7270 is expected, where September and post Federal Open Market Committee highs are seen.
- Intraday outlook is in favour of bears, but it should only be a short-term correction. Selling at the current levels might be a good entry point, with stops above $0.7220. Bears should target the mentioned $0.7150 support for today, which is expected to hold, as the US dollar remains under pressure against commodity-linked currencies.


FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro- Major Pair levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major Pair levels and bias summary 



