- Pair is supported above 6.4900 levels.
- Key support falls at 6.4910 levels and daily close below will take the parity towards key support are at 6.4736 marks.
- On the other side, reversal from 6.49 levels will turn the bias bullish again and take the parity around key resistance at 6.5134/6.56 levels thereafter.
- Over the weekend, china released number of economic data.
- China’s industrial output of all industries rose 5.4% in the January-February period from a year earlier, slowing down from 5.9% growth seen in December.
- In addition, China’s retail sales rose less than expected by 10.2% in the January-February period.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: GBP/USD hits 5-week,scope for further upside
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
FxWirePro: NZD/USD sustains gains as uptrend remains strong
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: EUR/AUD poised for further downside after key fibo break
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level




