BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households 
Fed Unveils Stablecoin Rules Under GENIUS Act 
AUDJPY: Bearish Below 110 — Sell Rallies for a Potential Move to 108 
FxWirePro: USD/CAD steadies around 1.3260, retains bid tone 
Major Pair Currency Score & Key Levels to Watch: GBPUSD Extremely Bearish; EURUSD, NZDUSD and AUDUSD Bearish; USDCAD and USDCHF Bullish 
FxWirePro: NZD/USD bearish bias intact, eyes 0.5500 level 
FxWirePro: EUR/NZD recovers from early dip, upside pressure builds 
FxWirePro- Woodies Pivot 
ECB May Stop Rate Hikes After December, Capital Economics Says 
FxWirePro: GBP/AUD edges lower ,scope for further downside 
FxWirePro: AUD/USD edges lower as risk sentiment deteriorates 
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- The Aussie continued to add further gains and made new intraday high at $0.7218 levels.
- Pair is currently trading at $0.7207 levels, made intraday low at $0.7153 levels.
- On the other side, heavy USD sell-off across the board provided solid support for commodities.
- A daily close above $0.7214 is required to confirm the further bullish trend.
- On the top side resistance levels are seen at $0.7324 and $0.7385 levels.
- Alternatively, reversal from this level may drag the parity again below $0.7100 levels.
- Major support levels are seen at $0.7119 and $0.7050 levels.
- Tomorrow RBA will publish monetary policy statement and retail sales data. This will provide further direction to the parity.
We prefer to take long position in AUD/USD around $0.7150, stop loss $0.7050 and target $0.7325 levels.
