FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
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FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
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AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: GBP/USD dips on UK GDP data miss 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
• AUD/USD held steady on Tuesday as traders awaited Australia’s Federal Budget and monthly inflation data for further clarity on interest rate policy.
• Details of the budget will be announced by Treasurer Jim Chalmers in parliament at 1930 local time (0830 GMT).
• Markets are not expected to react significantly to the announcement, with investors likely focusing instead on broader economic indicators and global market trends.
• Looking ahead, Australia’s February inflation data is set for release on Wednesday, with forecasts pointing to a 2.5% annual rise.
• At GMT 05:55, The Australian dollar was last trading up 0.16% to $0.6279
• Immediate resistance is located at 0.6309 (50%fib), any close above will push the pair towards 0.6369(61.8%fib).
• Support is seen at 0.6251(38.2%fib) and break below could take the pair towards 0.6183(Lower BB).
Recommendation: Good to sell around 0.6290, with stop loss of 0.6380 and target price of 0.6250
