• AUD/USD edged lower on Tuesday as investors awaited Australia’s upcoming CPI data for fresh direction.
• Traders are awaiting Australia’s first “complete” monthly CPI report for October, due Wednesday, to gain clearer guidance on the Reserve Bank of Australia’s (RBA) policy outlook.
• The data will offer a more comprehensive picture of inflation pressures especially in key categories such as housing and market-based services.
• Interest-rate swaps show almost no expectation of an RBA rate cut before May next year, with only around a 50% probability priced in for that meeting.
• Immediate resistance is located at 0.6470(38.2%fib), any close above will push the pair towards 0.6511(SMA 20).
• Support is seen at 0.6434(Lower BB) and break below could take the pair towards 0.6417 (23.6%fib).
Recommendation: Good to sell around 0.6460, with stop loss of 0.6530 and target price of 0.6430


FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: GBP/USD hits 5-week,scope for further upside
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
FxWirePro: USD/CAD extends drop, faces 50%fib support
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: EUR/AUD poised for further downside after key fibo break 



