Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
AUD/USD was trading 0.80% higher on the day at 0.7150 at around 09:15 GMT.
The pair has retraced from two-month lows at 0.7054 and has edged above 0.71 handle.
200-week MA at 0.7147 is offering strong support and close below required for downside continuation.
Technical analysis points to further downside. Price action is below major moving averages which are trending lower,
Focus now on US Core Personal Consumption Expenditures Price Index for March, expected to ease to 5.3% YoY from 5.4% in the previous month.
Support levels:
S1: 0.7133 (5-DMA)
S2: 0.7062 (Lower BB)
Resistance levels:
R1: 0.72
R2: 0.7254 (200H MA)
Summary: AUD/USD recovery lacks traction. Major trend remains bearish. Break above 200H MA could change near-term dynamics.


AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro- Woodies pivot (Major)
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
GBPJPY Slips After Sterling Weakness, Bears Eye 216
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
JPY Action Bias: Bullish Pairs to Watch Out For
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 



