AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700 
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies pivot (Major) 
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment 
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
Chart - Courtesy Trading View
AUD/USD was trading 0.60% higher on the day at 0.6895 at around 05:35 GMT.
Cautious comments from Fed Chairman Jerome Powell and San Francisco Fed President Mary Daly keep the US dollar under pressure.
Focus now on the preliminary readings of US Michigan Consumer Sentiment data for May, expected 64 versus 65.2 prior.
Technical analysis is bearish. GMMA indicator shows major and minor trend is strongly bearish.
Price action is below major averages, moving averages are trending lower. MACD and ADX support downside.
Price has resumed weakness for the week after Gravestone Doji on the previous week's candle2E
Major Support Levels:
S1: 1.68
S2: 1.6793 (Lower BB)
Major Resistance Levels:
R1: 0.6914 (5-DMA)
R2: 0.7142 (200H MA)
Summary: AUD/USD poised for further downside. Oversold oscillators may case some pullbacks. Upside however, is likely to be limited.
