GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117 
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff 
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast 
FxWirePro: EUR/ NZD stuck in range but outlook is bearish 
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns 
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support 
Chart - Courtesy Trading View
AUD/USD was trading 0.48% lower on the day at 0.7254 at around 03:30 GMT.
The pair is extending previous session's weakness risk sentiment turns sour amid China Covid concerns and indecision over Russia-Ukraine crisis.
Chinese stocks tumble due to the coronavirus resurgence. Many cities under COVID-19 shutdown measures.
Fresh signs of worry seen on the Ukraine crisis as Ukraine President Zelenskyy emphasizes more Russian sanctions despite good progress on peace talks.
That said, diplomats from US and China agreed to meet in Italy for the first time since the Ukraine-Russia crisis, keeping markets hopeful.
Technical indicators for the pair have turned bearish. 5-DMA has turned south and Stochs and RSI are biased lower.
Price action has retraced below 200-DMA and is holding above 110-EMA support. Break below will see more weakness.
Major Support Levels:
S1: 0.7245 (110-EMA)
S2: 0.7222 (55-EMA)
Major Resistance Levels:
R1: 0.7296 (5-DMA)
R2: 0.7309 (200-DMA)
Summary: AUD/USD poised for further downside. Breach below 110-EMA will see dip till 0.7220.
