- Major resistance -5000 (55 4H EMA)
- Major support 4850
- ASX200 has recovered after making a low of 4888. It is currently trading at 4938.
- Short term trend is slightly bullish as long as support 4850 holds. Any break below 4850 will drag the index down till 4800/4780 in short term.The minor support is around 4880.
- On the higher side any break above 5000 will take the index to next level till 5040/5075/5130.
- Overall trend reversal will happen only if it closes above 5200.Break above targets 5275/5300.
It is good to buy at dips around 4900 with SL around 4850 for the TP of 5000/5075


FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro: USD/CAD hits two-month low as oil prices rise
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro- Woodies pivot (Major)
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data 



