FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: AUD/USD dips after RBA Governor speech 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro- Major Pair levels and bias summary 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: NZD/USD edges lower, remains on back foot 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
Chart - Courtesy Trading View
AUD/USD was trading 0.26% lower on the day at 0.7095 at around 10:20 GMT.
The pair is on track to close below 200-week MA which will reinforce further downside.
Momentum is strongly bearish. Stochs and RSI are sharply lower, RSI is well below the 50 mark.
Strong US dollar gains post-FOMC meeting continue to exert downside pressure on the pair.
As widely anticipated, the Fed left rates and taper unchanged, while chairperson Jerome Powell signalled plans to steadily tighten policy.
The statement indicates that “ the Committee expects it will soon be appropriate to raise the target range for the federal funds rate.”
Further, rising investor concerns over political tensions between Russia and Ukraine exacerbated worries for the antipodeans.
AUD/USD trades below 200-week MA and is on track to test 38.2% Fib at 0.7051. Break below to see more weakness.
