- Brexit fallout continues to worsen, flight to safety is helping currencies like Yen and weakening high yielding and commodity currencies.
- Downward pressure on the Aussie evident, AUD/USD slips below the 0.75 handle to hit session lows of 0.7408.
- Our previous call (http://www.econotimes.com/FxWirePro-AUD-USD-erases-knee-jerk-spike-slumps-over-30-pips-to-hit-lows-around-075-handle-after-RBA-stands-pat-231500) has achieved all targets.
- Bearish bias in the pair, Techs support further downside, RSI and Stochs point south.
- We see break below 100-DMA, breach of major trendline support at 0.7450. Scope for downside drag till 0.7360.
Recommendation: Book partial profits, lower trailing stops to 0.7450, target 0.74/ 0.7360


FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro- Major European Indices
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Pair levels and bias summary
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 



