• AUD/USD edges up on Friday as Australian dollar was supported by growing expectations of further OCR rate hikes.
• A high reading on inflation this week has left markets implying an 80% chance the Reserve Bank of Australia will hike the 3.85% cash rate a quarter point in May.
• The next major data point is gross domestic product for the December quarter on March 4, where analysts look for a rise of 0.6%, up from 0.4% the previous quarter.
• Annual growth is seen holding at 2.1%, underpinned by a pickup in consumer spending and business investment.
• Market focus now shifts to speeches next week from RBA officials Michele Bullock, Sarah Hunter, and Andrew Hauser, which could provide further guidance on the policy outlook.
• Immediate resistance is located at 0.7145 (23.6%fib), any close above will push the pair towards 0.7164(Higher BB).
• Support is seen at 0.7062(SMA 20) and break below could take the pair towards 0.7040 (38.2%fib).
Recommendation: Good to buy around 0.6090, with stop loss of 0.6900 and target price of 0.7100


FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD extends fall, key support lies ahead
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD remains buoyant, looks to extend gains
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro- Major Crypto levels and bias summary
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: EUR/AUD bears maintain upper hand 



