FxWirePro- Major Crypto levels and bias summary 
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FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
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JPY Action Bias: Bullish Pairs to Watch Out For 
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Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
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FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
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FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro- Major Pair levels and bias summary 
Chart - Courtesy Trading View
- AUD/USD was trading largely rangebound on the day with session high and low at 0.7281 and 0.7267 respectively.
- The major was consolidating break below daily cloud, outlook remains bearish.
- With little in the economic docket for Australia, price action will remain influenced by USD dynamics and risk sentiment.
- Data released overnight showed US Initial Jobless Claims printed at 268K citizens, more than the 260K foreseen by analysts.
- Fedspeak, inflation talks and Evergrande updates will be the key to watch for fresh direction.
Summary:
Technical analysis suggests more bearish moves for the pair. Price action is currently holding support at major trendline at 0.7255. Break below will see further downside. Next major support aligns at 200-week MA at 0.7198. Break below will plummet prices.
