- AUD/CAD was rejected by strong trendline resistance at 1.0008. The pair is currently trading around 0.9965 levels after hitting session lows at 0.9950.
- Momentum studies on daily charts are neutral, however 4-hourlies show downside for the pair.
- Immediate support is seen at 0.9952 (4H cloud top), breaks below will see test of 0.9930 and then 0.9910 levels.
- On the flipside, immediate resistance is seen at 0.9980 (4H converged 5 & 10 SMA) ahead of strong trendline support at 1.0008.
- Aussie continues to be heavily battered on awful Australian trade data, while weak oil likely to keep pressure on the Loonie.
Recommendation: Good to sell rallies around 0.9970/80, SL: 1.0010, TP: 0.9950/0.9930/0.9910


FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro- Woodies pivot (Major)
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies 



