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AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 
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FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
• AUD/USD eased slightly on Friday as the U.S. dollar staged a modest recovery following Thursday’s sharp drop on weak jobless claims data.
• On Thursday, data showed the biggest weekly increase in the number of Americans filing new applications for jobless benefits in four years.
• That overshadowed U.S. consumer inflation data for August, which showed prices rising at the fastest pace in seven months but still modest and broadly in line with expectations.
• Fed funds futures fully price in a 25 bps rate cut on Sept. 17, with labor market weakness outweighing inflation risks.
• The Australian dollar has gained support this week from rising prices of key commodity exports, particularly iron ore and gold. For the week, it is up 1.6%, among the best performing G10 currencies.
• Immediate resistance is located at 0.6674(38.2%fib), any close above will push the pair towards 0.6693(Higher BB)
• Support is seen at 0.6574(50%fib) and break below could take the pair towards 0.6537(SMA20).
Recommendation: Good to buy around 0.6650 with stop loss of 0.6600 and target price of 0.6700
